The housing site development project has highly contributed to housing supply. And the housing site supply as a basic governmental housing policy depends actually on the said housing-site development project.
The operation of the housing site develop...
The housing site development project has highly contributed to housing supply. And the housing site supply as a basic governmental housing policy depends actually on the said housing-site development project.
The operation of the housing site development project has big impact on economy, social life, physical factor, environment, spatial factor. Firstly, the housing site development project requires that the large amount of money is invested and bring about the rise of production, income, and employment. In the end, it promotes building work which lead to the rise in local government income by the local tax.
Secondly, the housing site development project give rise to the large scale of house supply. It contributes to the stabilization in the land or house price as well as to reconsideration for the policy of house supply.
Thirdly, the housing site development project can supply social infra and secure public lands donated by both central and local government because of its construction activity.
Fourth, the housing site development project induces population migration into the city, which leads to the population change and makes new center of the community.
Fifth, the housing site development project induces the contamination of natural environment and lack of basic facilities due to the population concentration although it improves the housing environment by means of increasing basic facilities and public lands.
This study selects Dunsan district in Daejeon as an example to analyze the regional impact by the housing site development project, such as 'The impact on a land market and a house market', 'The rise in financial Budget of a local government', ' Making basic facilities and securing public lands', 'the change in urban-spatial structure'.
Seen from the study, in case of land price, that of the Seogu in which Dunsan situates seldom fluctuate since the completion. Nevertheless, Seogu, Yuseonggu, Daedeokgu generally have the same change pattern, and Donggu, Junggu have the same drop pattern. The number of construction permit in Daejeon city shows that the construction permit in Seogu decreased by 67% to the last year, which is the large portion of that of Daejeon.
Except the large increasement between '92 and '93 before the completion, the financial budget of local governments did not change largely before and behind the completion. The increasement in financial budget of local governments occurred in the short run but finally keep fixed in the long run.
Also, in case of Seogu, the rise rate of obtaining public lands like roads, parks, schools before and behind the completion time is higher than the average in rise rate of Daejeon. The rate of population migration and increasement is very higher than other districts, and especially Daedeokgu and Yuseonggu have a similar tendency with Seogu, but the population of Donggu and Junggu continue to decrease.
Above all, It is concluded that the housing site development project of Dunsan district in Daejeon can have big impact on social, economic, physical, and spatial structure and have an important role in the regional development.