요약2 |
The aim of this study is to analyze the evaluations and determinants on residential resettlements cost in accordance with urban regeneration by variables of owner's characteristics, land and building characteristics, housing complex characteristics, and location characteristics. It is found that Tobit model is more appropriate to evaluate expense for residential resettlements by reason of model's bias. Expense for residential resettlement is the difference of new housing lotting price and existing housing appraisal price, so we don't measure expense if they didn't resettlement. This brings about model's bias. As a result of Tobit model for residential resettlement expense in accordance with urban regeneration, it shows that expense for residential resettlement decrease in case of elder owner, another address, and larger size of land or building. If the building's use is a detached housing or new apartment size is bigger, it is natural the expense for residential resettlement increase. And if the ratio of rental apartment increase or the ratio of big size housing decrease, residence's expense for residential resettlement will reduce. Also housing submarket price is important factor to determine residential resettlement. |