2.17 사교육비 경감대책이 주택시장에 미치는 영향에 관한 연구 = A Study on the Effect of the Measure to Alleviate Private Educational Expenses on the Housing Market

국문 초록 (Abstract)

영문초록:This study was intended to compare and analyse the effect of the measure to alleviate private educational expenses issued in Jan 17, 2004 on the housing market in the Kangnam and Kangbuk districts of Seoul. The 2.17 Measure was to normalize public education and lower parents' burden of private educational expenses with a focus on the plan to improve the examination for college entrance to minimize the scores of the scholastic ability test and select new students on the basis of the records in the unofficial report since 2008 as well as EBS's broadcasting for the scholastic ability test. This study adopted as its place of investigation Daechi-dong Kangnam-gu and Sangkye-dong Nowon-gu. And it attempted to investigate the trends of the sales and rents of apartment housing in both districts, conducted the questionnaire research for real estate brokers and residents and make a comparative analysis of the effect of the measure on the housing market. Based on the findings, the following conclusion was drawn:First, Residents in the Kangnam district give more consideration to the educational environment than any other district in choosing the place of residence. Second, the 2.17 Measure to Alleviate Private Educational Expenses does not exert an unfavorable effect on the admission to college of children of residents in the Kangnam district. Third, the 2.17 Measure has exerted a considerable influence on the drop in the rent for housing in the Kangnam district in the short-term period. It was analyzed that this was because of the decrease of in-migration to other districts acted as the greater factor rather than the phenomenon arising from much transfer to any other district. Fourth, the 2.17 Measure had a limited effect on the housing market in the Kangnam district. It was estimated that consumers' expectation towards marginal profits in sale, government's housing stabilization measure and other factors had a great effect on the housing market. The analysis of the findings suggest that the educational policy can stabilize the rented apartment housing market in the Kangnam district. But it has some limitation in stabilizing the apartment housing transaction market, which indicates that the housing policy or interest-rate policy should be mobilized. Among other things, the housing policy is important, and so it would be necessary to need the measure to increase housing supply in the Kangnam district rather than the measure aimed at curbing speculation over real estate to reduce demand. This study has scientific significance in that it investigated the correlation between private education and housing market in the domestic reality that the relative importance of public education and private education is high. It helps government establish its educational policy and housing policy. And it has some limitation in that its object was limited to Daechi-dong and Sangkye-dong and it failed to investigate the effect of the 2.17 Measure in a many-sided way because of the small sample