주택도시금융연구(Journal of Housing and Urban Finance)

About Journal of Housing and Urban Finance

주택도시금융연구는 주택도시보증공사가 연 2회(6월 30일/12월 31일) 발간하고 있는 학술지입니다. 주택도시금융연구는 주택·도시·금융과 관련된 학문적·정책적 시사점을 함의한 연구논문을 발굴하여 동 분야의 연구 활성화를 도모하고 정책 아이디어 개발에 기여합니다. 원고 작성 시 모든 투고자는 주택도시보증공사의 연구윤리기준을 준수해야 하며, 타 학술지에 게재 혹은 출판된 적이 없는 논문이어야 하며, 타 학술지에 투고 중인 논문은 미게재 확정 후 본 학술지에 게재 가능합니다. 게재대상 원고에 대해서는 소정의 원고료를 지급합니다.
About Korea Housing & Urban Guarantee Corporation

주택도시보증공사는 주거복지 증진과 도시재생활성화를 지원하기 위한 각종 보증업무 및 정책사업을 수행합니다. 주택도시기금의 효율적인 운용 및 관리를 통해 경영혁신을 이루고 한 발 앞선 주거정책시행으로 서민주거안정을 이끌어 갑니다. 주택에서 도시까지 국민의 더 나은 삶을 책임지는 전문 공기업입니다. 주택도시보증공사는 지난 20여년간 국내 유일의 주택보증 전문기관으로서 1,183조원, 1,213만 세대의 보증공급을 통해 국민 주거안정 실현에 기여하였으며, 세계적으로 인정받는 분양보증 제도를 토대로 주택사업 전 단계에 걸친 보증 상품을 운영함으로써 주택사업자의 원활한 사업추진과 주택금융시장의 안정, 정부의 정책목표 달성을 뒷받침 해 왔습니다. 앞으로도 자산규모 6조 7천억원, 현금유동성 5조 8천억원을 보유한 신뢰받는 주택도시금융기관으로서 생애단계별·소득수준별 맞춤형 보증 및 기금 지원을 통해 국민의 주거복지를 향상시키고, 정부·공공기관·민간과의 협업을 통해 도시재생을 추진함으로써 새로운 사회적 가치를 실현하는데 노력하도록 하겠습니다.
Article

Dec 31, 2021

A study on the virtuous cycle structure between real estate income and aseets
부동산 소득과 부동산 자산 간 선순환 구조에 관한 연구

Daehwan Kim
김대환

J. Hous. Urban Finance 2021;6(2):5-21.
https://doi.org/10.38100/jhuf.2021.6.2.5

Although real estate accounts for the most household assets in Korea, only a few studies have been performed to identify the determinants of real estate assets, and in particular, few studies on income from real estate. Utilizing the SUR two-way fixed effect model, this study analyzed the relationship between assets and income from real estate. The empirical results present that the household head creates an income stream through real estate assets, and the income stream is invested in a virtuous cycle to accumulate real estate assets. However,...
Article

Dec 31, 2021

A structural break in Korean rental housing market
전월세시장의 구조적 변화

Seung Dong You
유승동

J. Hous. Urban Finance 2021;6(2):23-32.
https://doi.org/10.38100/jhuf.2021.6.2.23

The Korean housing market is unique in the sense that there are a variety of rental contracts composed of a mix of chonsei and wolsei. Previous studies have reported that housing markets experience structural breaks, wherein the market's movements exhibit different patterns. Many of them focus on sales markets and study rental markets, which only consider chonsei contracts. No previous studies have considered both chonsei and wolsei rental markets. This study examines both types of rental markets by considering a rental conversion rate. Using t...
Article

Dec 31, 2021

Rent affordability by life cycle stage and effect of public housing rent loan in South Korea
생애주기별 임차부담 현황 및 전세자금보증 효과 분석

Byungchul Min, Ingul Baek
민병철, 백인걸

J. Hous. Urban Finance 2021;6(2):33-52.
https://doi.org/10.38100/jhuf.2021.6.2.33

We carry out an empirical analysis to measure rent affordability by the number of household members and ages based on the property area settled according to household characteristics. We also investigate the effect of public guarantee for rent (Chonsei) loans on how quantitatively the housing finance product improves rent affordability. In conclusion, we find that a household included in the group of older and fewer family members struggles to find a reasonable rent. A household aged 39 and older living alone, especially, has severe difficulty ...
Article

Dec 31, 2021

Frequency domain analysis to detect common cycle in housing price and trading volume
빈도영역 분석법을 통한 주택가격과 거래량의 공통 사이클 분석

Seungryul Ma
마승렬

J. Hous. Urban Finance 2021;6(2):53-73.
https://doi.org/10.38100/jhuf.2021.6.2.53

The movements of housing prices and trading volume have long-term cycles. Thus, it can be presumed that there would be a close relationship between the cyclic components embedded in these two variables. However, it has been challenging to find studies that analyzed the cyclical characteristics and the relationship between the common cycles embedded in these two variables. This study, in contrast to previous studies that used methodologies in the time domain analysis to confirm the correlation and lead-lag relationship between housing prices and...

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CURRENT ISSUE: Dec 2021, Vol. 6 , No. 2

Article A study on the virtuous cycle structure between real estate income and aseets 부동산 소득과 부동산 자산 간 선순환 구조에 관한 연구 Daehwan Kim 김대환 J. Hous. Urban Finance 2021;6(2):5-21. https://doi.org/10.38100/jhuf.2021.6.2.5 HTML PDF PubReader	Article A structural break in Korean rental housing market 전월세시장의 구조적 변화 Seung Dong You 유승동 J. Hous. Urban Finance 2021;6(2):23-32. https://doi.org/10.38100/jhuf.2021.6.2.23 HTML PDF PubReader
Article Rent affordability by life cycle stage and effect of public housing rent loan in South Korea 생애주기별 임차부담 현황 및 전세자금보증 효과 분석 Byungchul Min, Ingul Baek 민병철, 백인걸 J. Hous. Urban Finance 2021;6(2):33-52. https://doi.org/10.38100/jhuf.2021.6.2.33 HTML PDF PubReader	Article Frequency domain analysis to detect common cycle in housing price and trading volume 빈도영역 분석법을 통한 주택가격과 거래량의 공통 사이클 분석 Seungryul Ma 마승렬 J. Hous. Urban Finance 2021;6(2):53-73. https://doi.org/10.38100/jhuf.2021.6.2.53 HTML PDF PubReader

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Article An Analysis on Characteristic of new Apartment distribution and Subscription Market - Focused on Geung Buk·Geung Nam·Busan·Dae-gu·Ulsan Megalopolis area - 아파트 분양 및 청약시장 특성 분석 - 경북·경남·부산·대구·울산광역시를 중심으로 - Yo-Myeong Kang, Hyeon-Ju Kang, Jeong-Yeal Suh 강요명, 강현주, 서정렬 J. Hous. Urban Finance 2016;1(2):51-81. https://doi.org/10.38100/jhuf.2016.1.2.53 HTML PDF PubReader Last 3 months views: 258	Article Development strategy of untact service for housing and urban finance using 4th Industrial Revolution technology 4차 산업혁명 기술을 활용한 주택도시금융 비대면 서비스 개발전략 Ki-Nam Park 박기남 J. Hous. Urban Finance 2020;5(1):23-40. https://doi.org/10.38100/jhuf.2020.5.1.23 HTML PDF PubReader Last 3 months views: 254
Article A study on the characteristics of Price-to-Income Ratio (PIR) change among Seoul’s apartments by district 서울시 자치구별 아파트 Price-to-Income Ratio(PIR) 변동 특성에 관한 연구 Jin Woong Kwon, Nam Jung Kim 권진웅, 김남정 J. Hous. Urban Finance 2020;5(2):35-52. https://doi.org/10.38100/jhuf.2020.5.2.55 HTML PDF PubReader Last 3 months views: 244	Article Comparative analysis of housing and stock prices using a regime switching model 국면전환모형을 이용한 주택가격과 주가의 시계열 특성 비교 Youngsoo Lee 이영수 J. Hous. Urban Finance 2020;5(1):5-22. https://doi.org/10.38100/jhuf.2020.5.1.5 HTML PDF PubReader Last 3 months views: 213
Article A Study on the New Contract Service Using Consortium Block Chain 컨소시엄 블록체인을 활용한 새로운 계약서비스에 대한 연구 Kwon Hyuk Jun, Myeong Uk Han, Jin-il Park, Sang Wan Han 권혁준, 한명욱, 박진일, 한상완 J. Hous. Urban Finance 2017;2(2):151-169. https://doi.org/10.38100/jhuf.2017.2.2.151 HTML PDF PubReader Last 3 months views: 202	Article The Characteristics and Differences of Households under Excessive Housing Cost Burden 주거비 과부담 임차가구의 특성과 이질성에 관한 연구 Anna Seo, Jae Ik Kim 서안나, 김재익 J. Hous. Urban Finance 2019;4(2):159-178. https://doi.org/10.38100/jhuf.2019.4.2.159 HTML PDF PubReader Last 3 months views: 199
Article The Determination of Auction Search Duration Time in the Korean House Auction Market 주택경매시장에서 낙찰소요시간의 결정 Heeho Kim 김희호 J. Hous. Urban Finance 2017;2(2):93-117. https://doi.org/10.38100/jhuf.2017.2.2.93 HTML PDF PubReader Last 3 months views: 195	Article A Study on the Difference of Housing Price by Region 지역별 주택가격의 격차에 관한 연구 : 회귀분석과 인공신경망 활용 Young Gil Chang, Joo Yeon Yoo 장영길, 유주연 J. Hous. Urban Finance 2019;4(2):51-78. https://doi.org/10.38100/jhuf.2019.4.2.51 HTML PDF PubReader Last 3 months views: 192

CURRENT ISSUE: Dec 2021, Vol. 6 , No. 2

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