주택에 대한 소비수요와 투자수요

다국어 초록 (Multilingual Abstract)

Housing investors play an important role not only in the housing supply market, but also in the housing leasing market as suppliers and operators. However, until now, most studies have been conducted only on actual consumers, and the discussion on investment has been insufficient. Therefore, this study analyzed the characteristics of housing investment demand as well as the influence of major factors related to the purchase of households.
The results of the analysis are as follows. First, the motivation for consumption and investment exists in the decision making of housing possession in Korea. In addition, decisions on housing possession of Korean households differ according to the economic power of individual households and other circumstances. Second, as a means of reducing the budget constraint for the purchase of housing, the economic power of the parents or the ability to procure and repay the loan has a positive effect on the purchase of additional households. Finally, the price and rent level of the local residence are considered as a very important factor in determining the housing consumption and investment demand of households.
In conclusion, it should be recognized that demand for housing investment is the primary investor of the housing market and the supplier of increasing rental housing demand, rather than restraining housing investment demand. In addition, it is necessary to cope with the problem of housing oversupply and rental housing shortage by giving social role.

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