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An Analysis Of The Impact Of Housing Policies On Housing Prices In South Korea, Daeil Kwon
An Analysis Of The Impact Of Housing Policies On Housing Prices In South Korea, Daeil Kwon
MPA/MPP/MPFM Capstone Projects
The South Korean government has been intervening in the housing market for a long time to either activate or stabilize housing prices. However, there is a controversy about the effect of housing policy in South Korea. I analyzed the effect of housing policies as well as other factor s (interest rate, cost of renting, inflation, stock price, unemployment rate, exchange rate) on housing prices nationally as well as in northern Seoul and in southern Seoul, from January 2000 to January 2015 (181 months of data).
According to the results of my regression analysis to test the effect of housing policies, …