シム　スンギュ   SIM, Seung-Gyu   沈　承揆    所属   青山学院大学  国際政治経済学部 国際経済学科    職種   教授
言語種別	韓国語
発行・発表の年月	2022/04
形態種別	学術雑誌
査読	査読あり
標題	An Analysis of the Effects of Income and Wealth on Home-Ownership by Dwelling Area
執筆形態	共同
掲載誌名	Journal of Real Estate Analysis
掲載区分	国外
出版社・発行元	Korea Real Estate Board
巻・号・頁	8(1),41-60頁
著者・共著者	Jun-Min Lee, Gihoon Hong, and Seung-Gyu Sim
概要	Based on the Korean Housing Survey 2020, the paper examines the characteristics of households with or without home-ownership in terms of wealth and income effects. The paper demonstrates that the income effect has a negative (-) value which is statistically relevant with no regard to space area of exclusive use on the condition that overlapping wealth with income is not limited for the chance of home-ownership. Furthermore, the likelihood of home-ownership for under (over) the applicable space area of exclusive use became lower (higher) as the standard of the dwelling area expanded from 40㎡ to 60㎡ and 84㎡. The results showed that compared with two households with all conditions including assets but incomes a household with higher incomes is likely to have the ownership of a larger house. It means that a household with higher incomes prefers a large and comfortable residence to residential stability.