시공사 브랜드가 아파트 분양가와 투자수익에 미치는 영향

Abstract

Depending on the economic situation, real estate policies have been announced with the goal of stabilizing real estate or revitalizing the economy. Before implementing real estate policies, effective operation and evaluation of government policies are essential. Real estate exhibits different regional variations due to its unique location fixity, and as a consumer and investment good, it is a commodity that is affected in a complex way, such as liquidity, supply, macroeconomics, and psychology. Real estate policies vary by tax policies such as holding tax and capital gains tax, and housing finance regulations (LTV, DTI). From this point of view, there is a need for a tool that can analyze the comprehensive policy effects including various types of real estate policies of the government. In this study, the available variables among the macroeconomic variables of the real estate market macroeconomic model designed on the premise of the ripple path following the implementation of real estate policies and the apartment sales transaction price index in the metropolitan area and nationwide, which is a proxy for apartment houses, were set as variables and analyzed through multivariate analysis. Analyze dynamic variations between variables. The purpose of this study is to examine the effect of housing finance regulation on housing mortgage loans in the national and metropolitan areas among real estate policies and the effect of tax policies and mortgage loans on apartment house prices (apartment sale price index) among real estate policies. We would like to focus on analyzing the effectiveness of the policy.