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Preferences and Demands for Multi-Habitation: Evidence from a Questionnaire Survey in Korea

Author

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  • Jun Hyung Kim

Abstract

In Korea, the concept of 'one house for one household' has been the principal pillar of the national housing policy framework for decades. Owning two or more houses has been regulated to guarantee housing affordability. However, it has recently faced challenges due to the depression of the regional housing market. Combined with the increasing trend of telecommuting after COVID-19, it has driven new trends, 'multi-habitation'. Yet, there are not abundant analyses about the preferences or demands for multi-habitation. Based on a questionnaire survey, this paper figures out the feasibility of multi-habitation policy or projects.

Suggested Citation

  • Jun Hyung Kim, 2024. "Preferences and Demands for Multi-Habitation: Evidence from a Questionnaire Survey in Korea," ERES eres2024-109, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2024-109
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2024-109
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    More about this item

    Keywords

    Housing Consumption; Housing demand; Housing Preference; multi-habitation;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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