The purpose of this research is to find the main causes of regressive difference in realization ratio of Officially Announced Land Price and its policy implications on the realization of Officially Announced Land Price by expert-questionnaire survey. ...
The purpose of this research is to find the main causes of regressive difference in realization ratio of Officially Announced Land Price and its policy implications on the realization of Officially Announced Land Price by expert-questionnaire survey. Major findings of this research is as follows : The main causes of regressive difference in realization ratio of Officially Announced Land Price are the low level of realization at the initial stages of land assessed system and the low level assessment by certified appraisers in every year, and the regressive type at the initial stages of land assessed system. Its policy implications on the realization of Officially Announced Land Price are to overcome the limitation of initial stages of land assessed system and to keep up the evaluation appropriateness of Officially Announced Standard Land Price in every year. We can suggest that the most important things in realization of Officially Announced Land Price
are the accumulationㆍmanagement of credible sales price & announcement of time-adjusted sales price index, formulation of concept about Officially Announced Market Land Price and minimization of tax burden increase.