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Analysis on the Factors Affecting Housing Tenure of Single-Person Households of Young Generation Employing the Multinomial Logit Model
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 Title & Authors
Analysis on the Factors Affecting Housing Tenure of Single-Person Households of Young Generation Employing the Multinomial Logit Model
Lee, Mu-Seon;
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The number of single households in Korea has been sharply increasing due to dissolution of the family community and changes in housing culture. Therefore, there is a need to develop a plan for diagnosis of changes in the housing market in response to a rapid increase of single household to suggest a proper direction of housing policy. This study was conducted to clarify the factors influencing housing occupancy type targeting a single adult household. To accomplish this, a cross-sectional analysis was conducted using the multi-nominal logit model and the Korea Welfare Panel's 9th survey materials. Occupants of ingle households in their 20s and 30s were found to be much poorer than those in their 40s, or older. Additionally, single household in their 20s and 30s, the characteristic of a household having an influence on the choice of housing occupancy type showed a result in a different direction even from the same household characteristic of those in their 40s, or older. Finally, the characteristics of occupants of single households in their 20s and 30s showed room for improvement through public support. Overall, the results of this study implied the need to inquire into the government's periodic support in more diverse ways.
Housing Tenure;Korea Welfare Panel Study;Multinomial Logit Model;Single-person Households;Young generation;
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