인문학
사회과학
자연과학
공학
의약학
농수해양학
예술체육학
복합학
DBpia AI
AI 에이전트
AI 아이디어
AI 리더
AI 뷰어
Citeasy
크롬 서지관리 다운로드
지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록·키워드
According to the Restitution of Excess Rebuilding Gains Act of 2006, reconstructed apartments in the three Gangnam districts are believed to be a source of the instability in the Korean housing market. For better social equity, the act aims to retrieve the excess of the price increase accruing to the reconstruction association from the reconstruction of the apartments; thus this study attempts to quantitatively present the excessive price increase for the apartments relative to non-reconstructed apartments. Specifically, it employs a difference-in-difference model to compare the price increase between the reconstructed and non-reconstructed apartments using 10-year data of the market housing values for all 420 apartments in the three districts in which repeated sales pairs are present. The model finds that the excessive increase is insignificant in the districts of Gangnam and Songpa, whereas in Seocho, it is around 10%. Then, as the findings are incon＼-sistent across the districts, this study conducts a further analysis with regard to the basic assumption of difference- in-dif＼-ference analysis such that between the compared subjects, characteristics other than the reconstruction should be simi＼-lar. For the analysis, it excludes 11 legal dongs, including Yangjae and Woomyeon, in which reconstructed apartments are not located; instead, the sample consists of the other 20 dongs that have both reconstructed and non-reconstructed apart＼-ments. The analysis presents no differing results for Songpa and Gangnam while for Seocho, the excessive increase turns out to be unidentifiable. The finding of no excessive increase for apartments in all the three Gangnam districts implies that the reconstruction contribution levy possibly distorts social equity. Thus, this study recommends a way of improving the restitution system to mitigate the inequity of the reconstruction contribution levy, which is imposed only on the reconstruction association.
본문·목차
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최근 본 자료 전체보기
UCI(KEPA) : I410-ECN-0101-2020-539-001140672
