Influence of educational and cultural facilities on apartment prices by size in Seoul: do residents’ preferred facilities influence the housing market?

References

• Adair, A.S. & McGreal, W.S. (1994) Local housing markets, structure and buyer behaviour: The east belfast case, Scandinavian Housing and Planning Research, 11, pp. 27–38.
   Google Scholar
• Adair, A., McGreal, S., Smyth, A., Cooper, J. & Ryley, T. (2000) House prices and accessibility: The testing of relationships within the belfast urban area, Housing Studies, 15, pp. 699–716.
   Web of Science ®Google Scholar
• Adkins, D. & Hussey, L. (2006) The library in the lives of latino college students, The Library Quarterly, 76, pp. 456–480.
   Web of Science ®Google Scholar
• Ahlfeldt, G.M., Holman, N. & Wendland, N. (2012) An Assessment of the Effects of Conservation Areas on Value (London: LSE and English Heritage).
   Google Scholar
• Baek, D.H. & Kim, S.Y. (2008) A study on the cultural indicator and improvement: focused on the policies, facilities and programs about culture, Journal of the Architectural Institute of Korea Planning, 24, pp. 225–235.
   Google Scholar
• Been, V., Ellen, I.G., Gedal, M., Glaeser, E. & McCabe, B.J. (2014) Preserving history or hindering growth? The heterogeneous effects of historic districts on local housing markets in New York City, National Bureau of Economic Research, 20446, pp. 1–58.
   Google Scholar
• Blair, J.P. & Larsen, J.E. (2010) Satisfaction with neighbors and neighborhood housing prices, Journal of Place Management and Development, 3, pp. 194–204.
   Google Scholar
• Chun, H.J. (2016) A study on estimation of housing price using GWR model and GIS technology, Residential Environment Institute of Korea, 14, pp. 1–12.
   Google Scholar
• Davis, J. (1993) The Commuting of Ex-Urban Home Buyers, Urban Geography, 14, pp. 7–29.
   Web of Science ®Google Scholar
• Government of the Republic of Korea (2018a). Museum and Art Gallery Support Act c. 1. Available at https://www.law.go.kr/LSW/eng/engLsSc.do?menuId=2&section=lawNm&query=museum&x=30&y=30#liBgcolor11 (accessed 2 October 2020).
   Google Scholar
• Government of the Republic of Korea (2018b). Cultural Heritage Protection Act c. 1. Available at https://www.law.go.kr/LSW/eng/engMain.do (accessed 2 October 2020).
   Google Scholar
• Government of the Republic of Korea (2019a). Three-year Life SOC Plan (2020 ∼ 2022). Sejong: Office for Government Policy Coordination of South Korea. Available at https://www.opm.go.kr/opm/info/soc04.do?mode=download&articleNo=122059&attachNo=92571 (accessed 2 October 2020).
   Google Scholar
• Government of the Republic of Korea. (2019b) National Culture and Arts Activity Survey. Sejong: Korean Ministry of Culture, Sports, and Tourism. Available at https://www.mcst.go.kr/kor/s_policy/dept/deptView.jsp?pSeq=1769&pDataCD=0406000000&pType=02 (accessed 2 October 2020).
   Google Scholar
• Gu, N. (2019) Korean apartment complexes and social relationships of the residents, Housing Studies, 35, pp. 1–28.
   Web of Science ®Google Scholar
• Ha, Y.J. & Lee, W.H. (2013) The relationship between educational environment and housing prices and its implication for socio-spatial inequality: The case of Seoul, Korea, Journal of the Economic Geographical Society of Korea, 16, pp. 86–98.
   Google Scholar
• Han, J.Y. (2020) A study on the art education expertise and art museum education in Korea: focusing on docents, educators, and school teachers, Doctoral dissertation, University of Seoul National University, Republic of Korea, 2020.
   Google Scholar
• Historic England. (2019) Heritage and the Economy 2019. Heritage Counts. Available at https://historicengland.org.uk/content/heritage-counts/pub/2019/heritage-and-the-economy-2019/ (accessed 21 September 2020).
   Google Scholar
• Hyun, D. & Milcheva, S. (2018) Spatial dependence in apartment transaction prices during boom and bust, Regional Science and Urban Economics, 68, pp. 36–45.
   Web of Science ®Google Scholar
• Jang, M.L. (2015) A study on the perception and demand of community space in apartment housing, Master’s dissertation, Chungwoon University, Republic of Korea.
   Google Scholar
• Jeon, S.I. (2015) The Present Situation and Prospect of the Spread of Apartment Housing Technical Report No. 8, Daejeon, South Korea: Korean National Statistical Office. https://kostat.go.kr/sri/srikor/srikor_pbl/3/index.board?bmode=read&aSeq=370164.
   Google Scholar
• Jeong, B.H. (2015) A research on the effect of residential property on residential satisfaction and values, Doctoral dissertation, Mokwon University, Republic of Korea.
   Google Scholar
• Jin, M.Y. (1992) Analysis of housing choice behaviour by household and housing characteristics, Master’s dissertation, Yonsei University, Republic of Korea.
   Google Scholar
• Jun, M.J. (2013) The effects of housing preference for an apartment on residential location choice in Seoul: A random bidding land use simulation approach, Land Use Policy, 35, pp. 395–405.
   Web of Science ®Google Scholar
• Kang, H.S. (2016) A study on the community of facilities comparison analysis between public rental apartments and public sales apartments-concentrated on the public rental housing and public sales apartments in Pan-Kyo Area, Korean Institute of Interior Design Journal, 25, pp. 124–131.
   Google Scholar
• Kang, M.N., Kim, H.S., Park, M.S., Lee, J.C., Kim, J.H., Lee, G.J., … Lee, G.W. (2019) Korea Housing Survey. Technical Report, Sejong, South Korea: Korea Ministry of Land, Infrastructure, and Transport. http://stat.molit.go.kr/portal/cate/statFileView.do?hRsId=327&hFormId=
   Google Scholar
• Ki, J.H. & Sung, M.K. (2020) Residential performance assessment based on accessibility to local cultural and educational facilities: A study of impact factors with spatial regression model, in: Proceedings 2020 Spring Conference, 30 March, Seoul, Korean Regional Development Association.
   Google Scholar
• Kim, S.W. & Chung, K.S. (2010) The study of spatial weight matrix reflecting true reality in the spatial econometrics model: Focused on the real transaction housing price in the Busan, Housing Studies Review, 18, pp. 59–80.
   Google Scholar
• Kim, H.S., Sung, J.H. & Yoon, Y.S. (2016) A study on the determinants of residential area change in retired people in Seoul, Journal of the Korean Urban Management Association, 29, pp. 39–62.
   Google Scholar
• Kim, J.H. & Kwon, O.J. (2016) A study on generation characteristics of housing consciousness and housing preference-focused on baby boom generation and echo generation, in: 2016 Autumn Conference Proceeding, 28(2), pp. 161–168.
   Google Scholar
• Kim, J.H. (2018) Comparative analysis of the model of the determinants affecting the price for the apartment house using the integrating geospatial and statistical information, Journal of the Association of Korean Photo-Geographers, 28, pp. 13–26.
   Google Scholar
• Kim, M.H., Yang, D.Y., Cheon, M.I., Kim, S.T. & Cho, S.U. (1995) Study on the Provision of Public Cultural Service Facilities for Residents in Seoul: Focused on Libraries, Community Centers, and Sports Centers Technical Report No. 1, Seoul, South Korea: The Seoul Institute. https://www.si.re.kr/node/23334.
   Google Scholar
• Kim, S.J. (2015) Motivations and influence of family members on residential mobility—focusing on residents residing in apartments in Seoul, Doctoral dissertation, Kangwon National University, Republic of Korea, 2015.
   Google Scholar
• Kim, S.J., Lee, D.S. & Yoon, C.Y. (2006) A study on the need facilities according to usual characteristics of Urban Park, Journal of Korean Institute of Rural Architecture, 8, pp. 27–35.
   Google Scholar
• Kim, T.K., Horner, M.W. & Marans, R.W. (2005) Life cycle and environmental factors in selecting residential and job locations, Housing Studies, 20, pp. 457–473.
   Web of Science ®Google Scholar
• Kim, Y.S. & Song, M.K. (2012) A study on the residential environment preferred by young and middle-aged people in their old years: Focusing on seoul metropolitan area, Journal of Residential Environment Institute of Korea, 10, pp. 31–45.
   Google Scholar
• Koster, H.R.A., van Ommeren, J.N. & Rietveld, P. (2016) Historic amenities, income and sorting of households, Journal of Economic Geography, 16, pp. 203–236.
   Web of Science ®Google Scholar
• Lan, F., Wu, Q., Zhou, T. & Da, H. (2018) Spatial effects of public service facilities accessibility on housing prices: A case study of Xi’an, Sustainability, 10, pp. 4503–4523.
   Web of Science ®Google Scholar
• Lee, H.Y. & Noh, S.C. (2015) Advanced Statistics Analysis: Theory and Practice (Seoul: Moonwoo).
   Google Scholar
• Lee, K.Y. (2020) The effect of residential environmental satisfaction on quality of life and the moderating effect of housing type: The case of Gyeonggi, Korea, Asian Journal for Public Opinion Research, 8, pp. 3–21.
   Google Scholar
• Lee, Y.L. (2017) You think it's good to live next to the park? I don't know, The Korea Herald, April 26. Available at http://news.heraldcorp.com/view.php?ud=20170426000071 (accessed 21 December 2020).
   Google Scholar
• Li, H., Wei, Y.D., Wu, Y. & Tian, G. (2019) analyzing housing prices in shanghai with open data: Amenity, accessibility and urban structure, Cities, 91, pp. 165–179.
   Web of Science ®Google Scholar
• Lin, I. (2016) Assessing the effect of parks on surrounding property values using hedonic models and multilevel models, Doctoral dissertation, University of Wisconsin-Milwaukee, 2016.
   Google Scholar
• Mason, D.D. & McCarthy, C. (2006) The feeling of exclusion’: Young peoples’ perceptions of art galleries, Museum Management and Curatorship, 21, pp. 20–31.
   Google Scholar
• Mesch, G.S. & Manor, O. (1998) Social ties, environmental perception, and local attachment, Environment and Behavior, 30, pp. 504–519.
   Web of Science ®Google Scholar
• Mohit, M.A. & Azim, M. (2012) Assessment of residential satisfaction with public housing in Hulhumalé, Maldives, Procedia - Social and Behavioral Sciences, 50, pp. 756–770.
   Google Scholar
• Moreno Gil, S. & Ritchie, J.B. (2009) Understanding the museum image formation process: A comparison of residents and tourists, Journal of Travel Research, 47, pp. 480–493.
   Web of Science ®Google Scholar
• Moro, M., Mayor, K., Lyons, S. & Tol, R.S. (2013) Does the housing market reflect cultural heritage? A case study of greater Dublin, Environment and Planning A: Economy and Space, 45, pp. 2884–2903.
   Web of Science ®Google Scholar
• Noh, Y.H. & Kim, Y.J. (2019) A study on the user recognition of library complex culture space, Journal of the Korean Society for Library and Information Science, 53, pp. 23–50.
   Google Scholar
• Oh, P.R. (2014) A study on travel characteristics and the establishment of criterion for the size of the neighbourhood unit by using the data of household travel diary survey in Seoul, Seoul Studies, 15, pp. 1–18.
   Google Scholar
• Park, E.S., Noh, H.S. & Kim, S.K. (2019) A Study on Comparison of Housing Consciousness and Needs of People Between Elderly People in Their 50s or Above and Young People, Technical Report No. 12, Seoul, South Korea: 50 + citizen research of Seoul50Plus Foundation. https://50plus.or.kr/upload/im/2019/01/4dcd0273-f6b0-4c1a-8348-.
   Google Scholar
• Park, G.B. & Ham, Y.J. (2018) A study using spatial regression models on the determinants of the welfare expenditure in the local governments in Korea, Journal of Digital Convergence, 16, pp. 89–99.
   Google Scholar
• Park, J.H., Lee, D.K., Park, C., Kim, H.G., Jung, T.Y. & Kim, S. (2017) Park accessibility impacts housing prices in Seoul, Sustainability, 9, pp. 185.
   Web of Science ®Google Scholar
• Park, J.H., Lee, S.H. & Han, S.H. (2015) An Analysis of the Cultural Consumption Expenditure Behaviour of Single-Person Households (Seoul: Korean Institute for Industrial Economics & Trade).
   Google Scholar
• Park, K.D. & Seo, W.S. (2020) The effects of neighborhood social ties in public rental housing on moving intention: focusing on the mediation effect of residential satisfaction, Housing Studies Review, 28, pp. 5–26.
   Google Scholar
• Park, S.H. & Lee, K.S. (2011) Spatial characteristics of the provision of and demand for private tutoring service industries in the metropolitan Seoul Area, Journal of the Economic Geographical Society of Korea, 14, pp. 33–51.
   Google Scholar
• Seo, S.B. (2014) A study on the spatial autocorrelation of land price variation and trading volume, Journal of Korea Planners Association, 49, pp. 21–34.
   Google Scholar
• Seoul Metropolitan City (2019) 2030 Seoul Metropolitan City Community Planning (Seoul: Seoul Metropolitan City).
   Google Scholar
• Seresinhe, C.I., Preis, T. & Moat, H.S. (2016) Quantifying the link between art and property prices in urban neighbourhoods, Royal Society Open Science, 3, pp. 160146.
   PubMed Web of Science ®Google Scholar
• Smith, D. (2010) Valuing Housing and Green Spaces: Understanding Local Amenities, the Built Environment and House Prices in London, GLA Working Paper 42.
   Google Scholar
• Smith, N.B., Venerandi, A. & Toms, K. (2017) Beyond Location (Create Streets). Summary available at https://www.createstreets.com/projects/create-streets-latest-report-beyond-location-published/ (accessed 2 October 2020).
   Google Scholar
• Terzano, K. (2014) Residential satisfaction, in: A. C. Michalos (Ed) Encyclopedia of Quality of Life and Well-being Research, p. 239 (Dordrecht, the Netherlands: Springer).
   Google Scholar
• Van Duijn, M. & Rouwendal, J. (2012) Analysis of household location behaviour, local amenities and house prices in a sorting framework, Journal of Property Research, 29, pp. 280–297.
   Google Scholar
• Ward, M.D. & Gleditsch, K.S. (2008) Spatial Regression Models. Series: Quantitative Applications in The Social Sciences (Thousand Oaks, California: Sage).
   Google Scholar
• Wen, H. & Tao, Y. (2015) Polycentric urban structure and housing price in the transitional china: evidence from Hangzhou, Habitat International, 46, pp. 138–146.
   Web of Science ®Google Scholar
• Zahirovic-Herbert, V. & Gibler, K.M. (2020) Neighbouring house transaction response to assisted living facilities and nursing homes, Housing Studies, 35, pp. 195–213.
   Web of Science ®Google Scholar