Earticle

The government has implemented a variety of regeneration projects for old industrial complexes and declined regions. Due to the promotion of policies and projects focused on each target place, however, there is a lack of policy linkages among them. This study intends to categorize old industrial complexes nationwide and analyze the characteristics of each type while considering industrial complexes and surrounding regions. Ten indicators are selected to implement the principal component analysis using data from the national industrial complex status, industrial location information system, and statistical geographic information system. Based on the factor score produced by the principal component analysis, the cluster analysis indicates that there are four types of old industrial complexes: large sustaining and developing complex type, small growing complex type, old declining complex type and region-linked complex type. The old declining industrial complex continues to decline due to weak economy of both the complexes and surrounding areas, and the residential environment. Industrial restructuring and industrial complex regeneration projects are needed to strengthen the competitiveness of the complexes. Regeneration strategies for each type of industrial complex is required in consideration of the physical and economic characteristics of both the complexes and the surrounding areas.

This study explores the effect of residents' satisfaction levels with the daily spaces and characteristics of the cities where they live on the probability of satisfaction with walking in residential areas. As a result of the analysis, factors such as individual characteristics, daily spatial experiences, the purpose of movement, and the characteristics of each city influenced the satisfaction of walking in residential areas. In light of the study's results, residents' daily experiences while walking in everyday spaces affect their satisfaction with walking in residential areas.

Households, who buy a house, would initially spend less because some equity investment is inevitable. They, however, get to be better off later in terms of household consumption than renters once they enter the stage of paying off the mortgage debt regularly because the uncertainty on how much they save for housing purchase in the future is eliminated. The purpose of this study is twofold: (1) to explore the impact of propensity to own a home on household’s propensity to consume, and (2) to test whether or not the amount of mortgage payment has a crowd-out effect on the propensity to consume. As for the empirical analysis, this study employed the two-step estimation methodolgy to address the potential reverse causality and sample selection bias in the relationship of housing tenure choice with propensity to consume, and in the linkage of mortgage payment with propensity to consume, respectively. This study provides evidence that those effects are significant, and they are greater for lower-income households. These findings justify the differentiated policy tools by income in devising and executing micro- and macro-prudential measures.

Cultural districts are designated according to the unique cultural characteristics of the region and cultural resources worth preserving. Each cultural district must be managed and operated so that it can develop on its own, but a comprehensive management and operation method is established in each local government. Therefore, while respecting the unique characteristics of the district, it is necessary to continuously develop and nurture the cultural district through active participation and support. Each cultural district has a different management system, problems, and improvement plans according to its characteristics, and in managing a cultural district, it is necessary to establish a management system suitable for the characteristics of each cultural district, and to continuously manage and improve it.

Recently, interest and demand for "trust method maintenance projects" are increasing in order to promote stable projects in a number of maintenance projects (planned) areas due to rapid housing supply centered on public redevelopment projects and Moa Town projects in Seoul. The "Trust Method Maintenance Project" was introduced in September 2015 as an amendment to the "Urban and Residential Environment Maintenance Act" to solve the problem of delays in project promotion and lack of expertise. Previous studies mainly discussed how to activate trust method maintenance projects and differences from existing union methods, and studies on the "Trust Fee rate," a major factor in determining trust methods, are rare. This study derives variables that affect the trust fee rate for the entire domestic trust method maintenance project from January 2016 to December 2021, when the trust method maintenance project was implemented. Based on this, multiple regression analysis analyzed which variables affect the trust fee rate and confirmed that "new total floor area", "the size of the trust company (small)" and "regional impact (local)" were influencing factors. In other words, it was verified that the size of the project and the degree of risk of the project's progress have an effect on the trust fee rate. This study is significant in that it is the first study on the trust fee rate of trust method maintenance projects that have not been covered in previous studies after investigating the entire trust method maintenance project site in Korea. In the future, this study is expected to be used as a basis for judging the choice of trust method maintenance projects for owners such as unions or land.

The purpose of this study is to derive differences in factors that affect housing satisfaction among young, middle-aged, and elderly people in the Seoul metropolitan area and to present implications. First, it was found that housing cost characteristics had the greatest influence on housing satisfaction in young people. Second, it was found that the characteristics of residential location had the greatest influence on housing satisfaction in the middle-aged and elderly. Third, the characteristics of changes in the residential environment did not have a relatively large impact on housing satisfaction. Finally, it was found that the characteristics of residential facilities had a very low or rejected influence on housing satisfaction.