아파트 분양시장에 영향을 미치는 지역 주택시장 특성 분석

Abstract

The purpose of this study is to analyze the characteristics of the local housing market which affects the market for newly built apartment represented by the subscription competition rate for apartment applications. This study is conducted a multi-regression analysis using the competition rate as a dependent variable and the characteristics of the housing market as an independent variable. The analysis shows that the rate of land price fluctuation, the turnover rate of apartment transactions, the increasing rate of Jeon-se price, and the rate of apartment sales increase have a significant effect on statistics. These results provide policy implications in that while the sale market is affected by the characteristics of the local housing market, particularly the favorable tendency of the sale market due to speculative demand as purchase right resale, may serve as a cause for oversupply recently in the local market. In other words, increasing of subscription rate in local market may work on the reason for making the vicious circle of apartment price decline in the case of the poor local economy, resulting in more oversupply than demand of local market. For this reason, for hard landing of local housing market which is consistently depressed, locally tailored housing policy of housing governance levels for decentralization emphasized in Moon Jae-in government can be needed.