1. CONTENTS
(1) RESEARCH OBJECTIVES
We have an experience in foreign exchange crisis. At that times, the rate of interest was high and real estate business was stagnant. During the period, a lot of real estate prices have been come down. Our country h...
1. CONTENTS
(1) RESEARCH OBJECTIVES
We have an experience in foreign exchange crisis. At that times, the rate of interest was high and real estate business was stagnant. During the period, a lot of real estate prices have been come down. Our country has been changed into the times of low interests after relieved of foreign exchange crisis. At the same time, the sustaining increase of housing price has been made around the National Capital region.
Recently, high rate of increase has been continued centering the apartment price. Thereupon our government adopted several countermeasures in order to stabilize housing price.
(2) RESEARCH METHOD
I'll examine whether those countermeasures are rational and efficient or not. To consider for all angles , I apply several theories on real estate price. To achieve that purpose, I do literature and field survey.
(3) RESEARCH RESULTS
I have found out that a series of countermeasures were very doubtful in effect as the price regulation countermeasures and recent government countermeasures were following the past unsuccessful it.
2. RESULTS
First of all, the purpose of price regulation is vague as well as its moral justification is not prudent. Especially the housing public concepts as a operational definition not to permit are using without any resistance. A lot of countermeasures are belonging into the failure of government. In spite of that, related departments are unaware of what is problem. Rapid changes to a correct understanding are asking for.