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Summary: As the result of summary, all factors except the amount of housing supply seem to operate as the decreasing cause of housing prices in 2012. In other words, even though interest rate changes are more or less flexible, all factors of long-term population progress, astronomical household debt, consistent nest housing supply, and world-wide financial crisis resulting from the Europe seem to work as the decreasing cause of housing prices. But in spite of general dominant decreasing cause, considering housing supply and present some regional house price, the housing price with the standard of station influence area or small house in the neighborhood of university area has the room of ascending chance temporarily and regionally. That is to say, the papers are standardized by the total market of capital area, but there would be probability of different outcome with the distinct of every region and scale. However considering general and various factors, we had better have the forecast of housing market as a stable and downtrend in 2012.

I suggested the advancement aspect of licensed real estate agent as expertise and quality improvement of licensed real estate agent and the scale enlargement of brokerage. The expertise of licensed real estate agent should bestow the role on the test qualified persons according to the law. Hence they can develop and improve their expertise with their unique duty of the license. The quality improvement is poor causing from present lots of test qualified people situation related with the legal training. So prominent hands-on-background persons should be able to select officers of brokerage corporate and establish a brokerage office. The enlargement of brokerage can be freely introduced through the regulation improvement of the small capital and officer selection, and regulation dominant system as well as one of profit structure that the current law bears. The advanced development could be brought in brokerage market through the establishment of enlarged brokerage corporate by management specialists under changed structure with the influx of people in along with capital. The business enrollment of licensed real estate agent should be considerably enforced. Such as other local expertise’s business enrollment and practical experience, the qualified ones of licensed real estate should be able to apply for business enrollment since 3-year hands-on-background. Consequently, it will prevent application for the license test lacking of any definite plan, and reduce the number of brokerage offices which is overflowed adequately, and hinder planning real estate, nonlicensed brokerage offices, problem of brokerage assistant (those who are hired as practical in-service trainees), in particular be helpful to the monetary loss from the frequent openings by the test qualified as well as be useful for finding out employees for offices and corporate. Ultimately it will be the result that brings the quality improvement of licensed real estate agents.

The economic development of our country has been occurring very rapidly during the 1980s to 1990s. Such rapid development causes the overpopulation phenomenon in the Metropolitan area due to which many issues such as housing issue, infrastructure issue and environment issue also occur. In addition, the result of interviews conducted with local residents, civil servants and experts was statistically analyzed. The interest party opinion research and resident explanation meeting are being recommended. For a revitalization plan for resident participation during urban development planning, the resident eye-level publicity on participation process is first needed, as shown in the survey research result analysis. Additionally, legal and institutional policy must be supplemented in addition to the need for active resident interview conducted by the subject of implementation the administrative organization.

This research developed ways that can help individuals with having difficult times in securing lands for factories and dealing with complicated procedures in building factories, as they are restricted by different regulations, by minimizing the risk of establishing personal factories for the consumers and encouraging people to be part of a group development rather than a personal development, eventually leading to the development of a complex of individual factories. The research also looked into ways on how to avoid disarranged development and environmental pollution. This paper also proposes the value judgment of real estate product and its profitable merits in prospect of the private entrepreneurs, through the development of the complex of individual factories. Related research, statistical data from the National Statistical Office, the Ministry of Commerce, Industry, and Energy, and the Ministry of Land, Transportation, and Maritime Affairs were analyzed to understand the concept and necessity of complex of individual factories and ran a research on procedures and regulations of constructing individual factories. Questionnaires and other statistical surveys were used to analyze the supply and demand of individual factories. Through this fundamental research, it is confimed that there is an increase of demand in individual factories and it is also systematically preferred for individuals to be part of a group development rather than an individual development. Based on this, the research found an appropriate land in Gimpo area, which has lack of land for individual development, and constructed a development plan and propriety of the project. This study presents the following means of resolving disputes through analysis of current status of disputes and cases of districts currently undergoing disputes.

It suggested development ways of certified multiple listing service view on basic directions, business managerial direction, institutional directions. For the basic directions; first, real estate brokers’ perception needs to be improved. Second, consistent promotions by certified multiple listing service providers is needed. Third, Government’s support, and promotion for certified multiple listing service is needed. For the business managerial directions; first, a united certified multiple listing services is needed. Second, grievance should be remedied. Third, reinforcement of real estate brokers’ choice behavior factors for the certified multiple listing service is needed. Forth, management method, and operation method are needed to improve. For the institutional directions; first, designation of certified multiple listing service system needs to be improved. Second, exclusive agency listing contract system needs to be improved.

For comparative review of mediation contract for real estate transaction in Korea and cases of legislation in overseas were looked into and their implications reviewed. This study aims to present the following directions for legislation required for improvement of agency contract system and disclose the importance of contemporary significance of mediation contract for real estate transaction. The first is the unification of contract law. The second is documentation of mediation contract for real estate transaction. he third is segmentation of agency fee and responsibilities of the contract. The fourth is guaranteeing of justice and responsibilities of the contract. Real estate agency contract, as the contract in the preliminary stage, is very important contract in order for sound real estate transaction to be accomplished. Therefore, real estate agency and client for brokerage, who are the parties of the contract, must bear obligations and responsibilities appropriate for justice in contract in executing real estate agency contract.

In the midst of fierce debate on the initiatives of key currency between U.S and the China in international society, the key currency is matters, and if the currency of a country becomes the paying instrument of international society, that country will have tremendous prestige and benefits. However, Korea has been keeping a neutral stance. The reason is that there would be a severe damage on our economy dependant on trade from trade revenge out of one of them. At present the government takes a serious position to release its examined opinion, having no any detailed suggestion and official discussion. Even though dominant dollar international currency order will continue for a considerable time in the future owing to the effects of steadfast superpower status of U.S.A, and the its sufficient flexibility in financial market, sustaining factor of bill in dollar. So a long necessary time of the development of competitive currency is predicted. The present international currency order seems to carry on its performance with so gradual and phased muti-currency system in the long term.

The research shows that architectural thinking by digital information is characterized by network structure and that each factor mixes with other factors due to changes in social structure and architecture changes. The reseacher came to determine the following three design tendencies of digital architecture based in three concept: non-organic space, a turnover from structure to individuals, and rhizome thinking. First, digital architecture is characterized by nonlinear tendencies with complex system and the features of fractal forms, the embodiment of loci, and transformed tendencies applied by the Catastrophe theory. Second, the tendencies of converting structure into individuals interact with hyperspace tendencies characterized by multiple spacial cycle and hyperlink, having hybrid tendencies characterized by successive mixtures. Third, rhizome thinking is characterized by complex non-systematic tendencies which interact with multiple network and their surroundings and network tendencies with ramified and flexible horizontal features.

These days the museum being a representative culture space that offer the education and a space that have the leisure time with a family. Because of these change children's museum is increasing that is a specialized museum for children. The children's museum is settled as a non-education institute that improves the insight, problem-solving abilities and originality by offering an education through an experience study as the culture and education space. Currently our country child museum founding when seeing world-wide, quick easy and the actual condition which is retarded is not economic, when seeing from the viewpoint which is educational is. And the children's museum that has a exhibitive type studying by a play make a display by using a various mediums that induce an interest of the spectator. Due to lack of systematic information on Children's Museum, it still remains within the scope of existing museum exhibition plans. And accordingly, it influences children visitors a lot.

This study aims to review the basic discussion for the construction of office index. Research index and evaluation benchmark index differ in sources of raw input data as well as the optimal index construction methodologies between the two types of indices. Based on the examination of NCREIF Property Index and IPD, the study suggest the future references for the only official office index in Korea provided by the Ministry of Land Transport and Marine Affairs. The discussion about what factors of value change should be included in office index is needed to be based upon the appraisal theory. Also research on how to minimize the appraisal smoothing bias in the office index is needed because appraisal-based index has a tendency to have an appraisal smoothing bias resulted from the attribute of office appraisal and smoothing bias which may incur a mistake in decision-making process related with real estate market movement and real estate return. This research can contribute to construct and to make use of office index efficiently.

This study evaluates GMDB(Guaranteed Minimum Death Benefit) put option of variable-universal life product with Black-Scholes option pricing model. The result is that first, life insurance company should prepare the contingency plan in regarding to investment risk of GMDB. Second, the fee for GMDB is divided by operating fund types. It means that the company consider volatility of underlying asset. According to analyzing GMDB rate as of reserve in equity fund type with between B-S model and Korean standard model, their rates are 42.14% and 2.539% respectively as of after 50years. Third, the company should establish the guide-line of standard for GMDB fee by progressing. At last, the company accumulate historical data of GMDB fee and update its data. and also, setting the internal networking to enact from market scenario formerly.