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Title: The Impact of Real Estate Policy on the Korean Housing Sales Market and the Jeonse Market
Authors: Kim, Hyunwoo
Advisors: Weil, Roman
Department: Economics
Class Year: 2016
Abstract: Over the course of history, Korean government’s policies have affected both housing sales market and Jeonse market in different. This paper analyzes the past regime’s real estate policies and time-series data on real estate prices and Jeonse deposit prices to investigate how each government policies affected both the real estate market and the Jeonse market. Post-policies implemented by Korean government had been ineffective. Macroeconomic factors affected the housing market more than government policies. Although government policies do impact the housing market in the long-term, these were also influenced by market environments.
Extent: 51 pages
Type of Material: Princeton University Senior Theses
Language: en_US
Appears in Collections:Economics, 1927-2016

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