본문 바로가기
  • Home

An Exploration of Intention to Homeownership of Renter Households Based on the Theory of Planned Behavior

Oh Yeonkeun 1 Bang, Song-Hee 2 Lee, Young-Man 1

1한성대학교
2한국주택금융공사 주택금융연구원 연구위원

Accredited

ABSTRACT

The purpose of this study is to analyze the determinants of intention to homeownership of renter households by the Theory of Planned Behavior, which is one of the social psychological theory, with the data of Korea Housing Survey. According to the Theory of Planned Behavior, intention to homeownership is determined not only by the attitudes of homeownership but also by the subjective norms and perceived behavioral control about homeownership. The result of the analysis shows that intention to homeownership of renter households is influenced by the increase rate of neighboring house price and the DTI ratio. This means that the Theory of Planned Behavior also applies to intention of homeownership. Additionally we find that the rate of intention to homeownership in 2010 appears higher than in other years by assuming respondent’s affordability when asking housing intention in the 2010 Korea Housing Survey. Besides it is identified that the increase rate of neighboring house price by household’s age group affects intention to homeownership differently in a time of stability or boom of house price.

Citation status

* References for papers published after 2023 are currently being built.