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Effect of Housing Support Programs on Residential Satisfaction and the Housing Cost Burden: Analysis of the Effect of Housing Support Programs in Korea Based on Household Attributes

Author

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  • Saehim Kim

    (Department of Urban and Regional Development, Graduate School of Urban Studies, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 04763, Korea)

  • Joonwon Hwang

    (Department of Urban and Regional Development, Graduate School of Urban Studies, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 04763, Korea)

  • Myeong-Hun Lee

    (Department of Urban and Regional Development, Graduate School of Urban Studies, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 04763, Korea)

Abstract

Korea is implementing housing support programs such as public rental housing and housing allowances to improve the housing welfare of low-income households. In this study, we empirically analyzed the effects of the public rental housing program and the housing allowance program on residential satisfaction and the housing cost burden of policy beneficiaries. In accordance with household attributes, we analyzed how the status of using these programs affected each group’s residential satisfaction and housing cost burden. We used the data from the 2020 Korea Housing Survey conducted by the Ministry of Land, Infrastructure and Transport. We examined the housing support programs’ effects on each of the following household groups: all households, one-person households, households of newlywed couples, young adult households, and households of the elderly. The status of residing in public rental housing positively affected the residential satisfaction among all households, one-person households, and households of the elderly. It reduced the housing cost burden for all household types. The status of receiving the housing allowance negatively affected the residential satisfaction for all households and increased the housing cost burden for young adult households. We present policy implications for future housing support programs based on the findings.

Suggested Citation

  • Saehim Kim & Joonwon Hwang & Myeong-Hun Lee, 2022. "Effect of Housing Support Programs on Residential Satisfaction and the Housing Cost Burden: Analysis of the Effect of Housing Support Programs in Korea Based on Household Attributes," Land, MDPI, vol. 11(9), pages 1-20, August.
    • Handle: RePEc:gam:jlands:v:11:y:2022:i:9:p:1392-:d:896711
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    References listed on IDEAS

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    1. Wang, Siqiang & Yung, Esther, Hiu Kwan & Yu, Yifan & Tsou, Jin Yeu, 2022. "Right to the city and community facility planning for elderly: The case of urban renewal district in Hong Kong," Land Use Policy, Elsevier, vol. 114(C).
    2. Hadas Shadar & Dalit Shach-Pinsly, 2022. "From Public Housing to Private Housing: Neglect of Urban Qualities during the Urban Regeneration Process," Land, MDPI, vol. 11(6), pages 1-17, June.
    3. Michelle Wood & Jennifer Turnham & Gregory Mills, 2008. "Housing affordability and family well‐being: Results from the housing voucher evaluation," Housing Policy Debate, Taylor & Francis Journals, vol. 19(2), pages 367-412, January.
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    Cited by:

    1. Li Shang & Xiaoling Zhang & Decai Tang & Xiaoxue Ma & Chunfeng Lu, 2023. "The Impact of Housing Support Expenditure on Urban Residents’ Consumption—Evidence from China," Sustainability, MDPI, vol. 15(12), pages 1-24, June.

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