An empirical analysis of the characteristics of residential location choice in the rapidly changing Korean housing market

Cities ◽  
2014 ◽  
Vol 39 ◽  
pp. 156-163 ◽  
Author(s):  
Changhyo Yi ◽  
Seungil Lee
Author(s):  
Barry Zondag ◽  
Marits Pieters

There has been substantial discussion among planners about the influence of transport in residential location choices. The purpose of this paper is to analyze the importance of accessibility in explaining residential location choices. The paper addresses this issue by presenting and analyzing findings from the literature and results of a housing market estimation study in the Netherlands. The research findings for the Netherlands illustrate that the transport system influences residential moves at three stages: in move–stay choice, estimation results show that households are less likely to move away from a more accessible location; travel time variables are significant for all household types, and therefore changes in the transport system will affect the size of the housing market and search area of the households; the model estimation results suggest that accessibility of a specific location for many household types is not a significant variable in their location choice. Overall, the empirical results suggest that the role of accessibility is significant but small compared with the effect of demographic factors, neighborhood amenities, and dwelling attributes in explaining residential location choices. The empirical findings are confirmed by findings in the literature; the present results are located at the lower end of findings reported in the literature. An important factor contributing to this result is that accessibility changes among regions in the Netherlands are rather small.


2010 ◽  
Vol 8 ◽  
Author(s):  
Mohammad Abdul Mohit ◽  
Mootaz Munjid Mustafa

Higher learning institutions, particularly uni versities, are important nodes which can help in decentralizing the monocentric stigma of urban areas by encouraging employment and housing growth in metropolitan areas. The case study Gombak Campus of international Islamic University Malaysia (IIUM), located 15 kilometres to the north-west of Kuala Lumpur City, is currently an employment node in the Klang Valley region. Being a node of employment, it is expected to generate residential development in the vicinity of its location by supporting the determining two fac tors of residential location - commuting cost and rent. Although there are certain truths that rent and commute cost are important determinants in households' residential location, other factors also influence residential location decision making. This paper, therefore, attempts to identify an array of factors and the extent to which these factors influence commute and residential attributes of the employees of IIUM Gombak Campus. Findings of this study reveal that there is a significant relationship between commute behaviour and residential characteristics and a number of other factors nonnally overlooked by the mainstream residential location choice models.


2018 ◽  
Vol 47 (3) ◽  
pp. 1147-1176 ◽  
Author(s):  
Ioannis Baraklianos ◽  
Louafi Bouzouina ◽  
Patrick Bonnel ◽  
Hind Aissaoui

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