DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | Ahn, Kwangwon | - |
dc.contributor.advisor | 안광원 | - |
dc.contributor.author | Jang, Hanwool | - |
dc.date.accessioned | 2019-09-03T02:40:12Z | - |
dc.date.available | 2019-09-03T02:40:12Z | - |
dc.date.issued | 2018 | - |
dc.identifier.uri | http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=733812&flag=dissertation | en_US |
dc.identifier.uri | http://hdl.handle.net/10203/266132 | - |
dc.description | 학위논문(석사) - 한국과학기술원 : 미래전략대학원프로그램, 2018.2,[iii, 22 p. :] | - |
dc.description.abstract | At the early stage of the growth of a city, housing market fundamentals are uncertain. This could attract speculative investors as well as actual housing demand. Sejong is a recently built as capital city of South Korea and functions similar to Washington DC in the US. Most government departments and public agencies have moved while some are still moving in or plan to do so. In Sejong, a drastic escalation of home prices has been noted over the last few years, but at the same time, the number of vacant housing units has increased. Using the present value model, rent-price ratio and log-periodic power law, this study examines the bubbles in the Sejong housing market. The analysis results indicate that (i) there are significant price bubbles, (ii) the bubbles are driven by speculative investments, and (iii) the bubbles are likely to burst earlier than in other cities. The approach in this study can be applied to identify pricing bubbles in other new city. | - |
dc.language | eng | - |
dc.publisher | 한국과학기술원 | - |
dc.subject | 신도시▼a행정수도▼a부동산 버블▼a임계시점▼a투기성 버블 | - |
dc.subject | Newly Developed City▼aNew Administrative City▼aReal Estate Bubble▼aCritical Time▼aSpeculative Bubble | - |
dc.title | House prices, bubbles and critical times | - |
dc.title.alternative | 부동산 가격 버블 및 임계시점 분석 | - |
dc.type | Thesis(Master) | - |
dc.identifier.CNRN | 325007 | - |
dc.description.department | 한국과학기술원 :미래전략대학원프로그램, | - |
dc.contributor.alternativeauthor | 장한울 | - |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.