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Factors Contributing to Residential Vacancy and Some Approaches to Management in Gyeonggi Province, Korea

Author

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  • Jeehyun Nam

    (Department of Urban Planning & Housing Policy, Gyeonggi Research Institute, Gyeonggi-do 16207, Korea)

  • Jiae Han

    (Department of Architectural Engineering, Hongik University, Seoul 30016, Korea)

  • Changho Lee

    (Department of Geography Education (GIS Lab), Seoul national University, Seoul 08826, Korea)

Abstract

With the decrease in the demand for large-scale apartments as a result of an aging society and a decrease in population, there has been an increase in vacant houses due to a supply that exceeds the projected demands. As a method of urban regeneration in rural areas and activation of citizen communities, the utilization of vacant houses has become one of the ways to promote a new lifestyle, active movement for citizen participation, and business model for long-term revitalization. This study aims to uncover and examine the major causes and factors behind the upswing in vacant houses. We investigated the current state of vacant houses, the recent policies concerning them, and the types of vacant houses in Korea’s Gyeonggi province. We then categorized and analyzed the causes of houses being vacant, their types, and the methods of utilizing them under different local conditions in order to understand the efficient processes and strategies for their utilization. The results showed that an excess of building construction (especially recent construction permits), the number of recipients of the national basic livelihood scheme, and the number of elderly people showed the strongest correlation with vacant houses.

Suggested Citation

  • Jeehyun Nam & Jiae Han & Changho Lee, 2016. "Factors Contributing to Residential Vacancy and Some Approaches to Management in Gyeonggi Province, Korea," Sustainability, MDPI, vol. 8(4), pages 1-22, April.
    • Handle: RePEc:gam:jsusta:v:8:y:2016:i:4:p:367-:d:68178
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    References listed on IDEAS

    as
    1. Sean Burkholder, 2012. "The New Ecology of Vacancy: Rethinking Land Use in Shrinking Cities," Sustainability, MDPI, vol. 4(6), pages 1-19, June.
    2. Thorsten Wiechmann & Karina M. Pallagst, 2012. "Urban shrinkage in Germany and the USA: A Comparison of Transformation Patterns and Local Strategies," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 36(2), pages 261-280, March.
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    Cited by:

    1. Weiwei Li & Lisheng Weng & Kaixu Zhao & Sidong Zhao & Ping Zhang, 2021. "Research on the Evaluation of Real Estate Inventory Management in China," Land, MDPI, vol. 10(12), pages 1-29, November.
    2. Yagi, Hironori & Garrod, Guy, 2018. "The future of agriculture in the shrinking suburbs: The impact of real estate income and housing costs," Land Use Policy, Elsevier, vol. 76(C), pages 812-822.
    3. Jeong-Il Park, 2019. "A Multilevel Model Approach for Assessing the Effects of House and Neighborhood Characteristics on Housing Vacancy: A Case of Daegu, South Korea," Sustainability, MDPI, vol. 11(9), pages 1-13, April.
    4. Hyejeong Yoo & Youngsang Kwon, 2019. "Different Factors Affecting Vacant Housing According to Regional Characteristics in South Korea," Sustainability, MDPI, vol. 11(24), pages 1-14, December.
    5. Sidong Zhao & Weiwei Li & Kaixu Zhao & Ping Zhang, 2021. "Change Characteristics and Multilevel Influencing Factors of Real Estate Inventory—Case Studies from 35 Key Cities in China," Land, MDPI, vol. 10(9), pages 1-29, September.
    6. Dustin L. Herrmann & William D. Shuster & Audrey L. Mayer & Ahjond S. Garmestani, 2016. "Sustainability for Shrinking Cities," Sustainability, MDPI, vol. 8(9), pages 1-9, September.

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