Abstract

In this study, the results of in-depth interviews and survey analysis on “Seoul youth’s housing purchase intentions” for young people aged 19 to 39 living in Seoul are as follows. First, as a result of the in-depth interview, the deepening of the wealth gap between the youth who owns a house and the youth who rents it is emerging as a social problem, and there are many complaints about the mortgage loan regulation policy. The following are the results of the survey: First, the intention to buy a house was high at 79%, and there were many cases where they gave up on buying a house due to a rise in house prices. Second, it was found that those with a college degree or higher preferred a house with a larger area than those with a college degree or lower, and the purchase period was delayed. Jeonse residents had the highest intention to purchase a house. Third, it was found that the number and area of d esired rooms increased as the annual salary increased. Policy implications include policies to improve the income of young people, affordable housing supply and financial support policies, and various types of housing supply policies that reflect the needs of young people.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call