Bibliography and Index of United Nations Centre for Regional Development Publications
Citation	Hinokidani, Mieko, An Kyung-Ohn, and Shoji Sumita. “Transition of the Chonsei Housing Market in the Republic of Korea.” Regional Development Studies 1 (1994/95): 199-211.
Title	Transition of the Chonsei Housing Market in the Republic of Korea
Year	1995
Author	An Kyung-Ohn Postgraduate Student, Faculty of Human Living Sciences, Osaka City University, Osaka, Japan
Author	Hinokidani, Mieko Research Associate, Faculty of Human Living Sciences, Osaka City University, Osaka, Japan
Author	Sumita, Shoji Professor, Faculty of Human Living Sciences, Osaka City University, Osaka, Japan
Material Type	Journal Article
Features	6 notes; 5 tables; 3 figures
Pages	p. 199-211
Relationships	Part of 241 p. Regional Development Studies, Vol. 1, Winter 1994/95
Subjects	HOME OWNERSHIP 14.04.02 HOUSING MARKET 14.04.01 HOUSING SUPPLY 14.04.01 KOREA R 01.04.04 RENTAL HOUSING 14.04.01 URBAN HOUSING 14.04.03
Abstract	One of the most significant changes in recent years is the chonsei rental housing market in the Republic of Korea has been the development of takaku, a new form of dwelling for multifamily habitation. Since 1990, the construction of this type of dwelling has been promoted by the housing authorities in order to stimulate housing construction activities in the private sector. This article presents the supply mechanism of takaku and its effects on the housing market. It begins with an overview of the major types of housing occupancy in the Republic of Korea, focusing on the peculiarity of the chonsei arrangement. Three typical dwelling plans for a shared-household occupancy are presented, showing how takaku differs from the other two conventional types. The empirical part of the article discusses the response of both the tenants or shared-householders and the landlords or owner-occupants to this change, emphasizing how the present system is biased in favor of the landlords or owner-occupants. The role of the chose arrangement, which has been formerly regarded as an effective arrangement to assist the urban poor in moving into owner-occupied dwellings by mutual self-help, is examined in this context. The conclusion provides an insight into the potential as well as the risks that the development of teacake might involve in the light of the formation of a private rental market in the Republic of Korea. --Journal abstract
Control No.	RDS 01j