This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The most important goals of the housing policy have been to alleviate housing shortages and to...

East Asia, which houses 22% of the total world population, has been experiencing an explosive and sustained output growth in the post World War II era. Besides the rapid economic growth, the region is also characterized by a high population density, with a density of 350 persons per square mile,...

This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The most important goals of the housing policy have been to alleviate housing shortages and to...

The objective of this study was to uncover the critical success factors that have significant value-added impacts on corporate acquisitions in the lodging industry. Specifically, this study attempted to systematically discover evidence about the determinants of a successful pre-acquisition...

East Asia, which houses 22% of the total world population, has been experiencing an explosive and sustained output growth in the post World War II era. Besides the rapid economic growth, the region is also characterized by a high population density, with a density of 350 persons per square mile,...

This paper offers an explanation for the existence of price control on new houses in Korea, which is deemed both inefficient and inequitable. This phenomenon cannot be explained by the conventional model of rent-seeking or the capture theory of regulation. Instead, it is attributable to the...

Shelter is a necessity of life and the building block of cities. Cities cannot be inclusive without affordable housing near transportation, jobs, and necessary public services like safety, health care, and education. Housing is the most important asset for the majority of households and anchors...

This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The most important goals of the housing policy have been to alleviate housing shortages and to...

This paper is a study of the dynamic relationship between residential land values and house prices. Little agreement exists regarding the direction of causality between house prices and residential land values. One could argue that causality is unidirectional, running from house prices to...