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Building the Prediction Models for Single Household's Housing Types and Tenures Selection of Seoul
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 Title & Authors
Building the Prediction Models for Single Household's Housing Types and Tenures Selection of Seoul
Lee, Jong-Deok; Choi, Se-Sung; Jun, Han-Jong;
 
 Abstract
It is difficult to select suitable residence for single household consumers in the existing housing market. Because the existing housing market is formed by housing providers and it does not reflect the characteristics and needs of the consumers. So, consumer-centered housing market need to be formed to reflecting the characteristics and requirements of the single household. This enables consumers to choose from a variety of suitable alternative housing. The purpose of this study is to support appropriate decision-making for single household consumers by representing the housing and residential environment in the prediction model. In this study, the main factors of change in the housing market and complex factors(independent variables) that affect the choice of the consumer's housing selection were analyzed. In addition, housing types and housing tenures(dependent variables) were selected to build a prediction model for single households.
 Keywords
Single Household;Multinomial Logit Model;Housing Market Region;Housing Type;Housing Tenure;
 Language
Korean
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