Abstract
Commercial gentrification has been recognized as a serious urban issue nowadays. It is extremely hard to figure out and response the phenomenon in Korea. Therefore, this paper aimed to use a version developed by previous researches and set the commercial gentrification index based on Seoul. Then the increase in vacancy rate caused by negative effect of the gentrification was identified. A block was an unit of analysis and the time range was from 2015 to 2021. As a result, Seoul suffered the most serious gentrification in 2018. It eased in 2019 but has been much worse due to the COVID-19 pandemic since 2020. However, each autonomous district showed different patterns throughout the period. Some districts mainly functioned as a dwelling zone including Nowon-gu showed little gentrification, while others such as Mapo and Gwang-jin did an opposite case. Gangbuk (districts in the north of Han River) and Gangnam (districts in the south of Han River) gave opposite cases respectively, which resulted in unbalanced revitalization. In light of the comparison between the results of gentrification and the vacancy rates, there was not any significant interrelations, while higher gentrification index resulted in lower vacancy rate. This paper tried to figure out gentrification quantitatively and know any relation between gentrification index and vacancy rate and was expected to used for objective grounds of further measures.
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