Publications
Detailed Information
Solutions on the unbalanced demand and supply of housing
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 1996
- Citation
- Korean Journal of Policy Studies, Vol.11, pp. 151-173
- Abstract
- By the end of December 1995 total unsold housing estimated no less than 178,000
houses, but if the unsold housing including flats and semi-apartments built by small
scale contractors, it will estimate more than 200,000 houses, and therefore at least 7,000
billion won is not collected. The drastic increase of unsold housing was caused by
government's weasonable housing policy and wrong prospect of demand by housing
contractors, which resulted in bankruptcy of more than 100 housing contractors during
1995 only. Setious impact on construction business and entire economy will also be
most probable.. To meet the possible serious problems caused by drastic increase of
unsold housing, each housing contractor has been planning various strategies as a
solution and the government, also realized the seriousness and has set out "Stabilizing
Policy for Housing Market" as of Nov. 8, 1995.
- ISSN
- 1225-5017
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.