A Research on the Influences of the Ui-LRT(Light Rail Transit) on the Prices Surrounding Apartments. 우이신설경전철이 주변 아파트 가격에 미치는 영향에 관한 연구
Published in Korean Association for Housing Policy Studies, 2018
This study expands upon previous research presented by the Korean Regional Development Association by incorporating a broader range of factors to assess the socioeconomic impacts of the Ui-Sinseol Light Rail Transit (LRT) on apartment prices. While it continues to use multiple regression analysis, it delves deeper by examining a more comprehensive set of variables, including apartment characteristics such as size and year of construction, environmental factors, and neighborhood socioeconomic conditions. The study provides a more nuanced comparison between the eastern and western regions, isolating the specific effects of the LRT and considering additional influences, such as Line 4 in the eastern region. The findings highlight that factors like apartment size and proximity to amenities had a greater impact on price changes, particularly in the western region. Through the use of more sophisticated regression models and a larger data set, this research offers deeper insights into how urban infrastructure like the LRT influences housing markets, providing a more detailed understanding of its socioeconomic implications.
Recommended citation: Da-Som Han, Chang-Gyu Choi. (2018). Proceedings of the Korean Association for Housing Policy Studies Conference, 2018(4), 359-385. 한다솜, 최창규. (2018). 우이신설경전철이 주변 아파트 가격에 미치는 영향에 관한 연구. 한국주택학회 학술대회 발표논문집, 2018(4), 359-385.
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