| Title |
On the Study of Actual Conditions for New Apartment Remodeling and Latent Willing to Payment for Environment-Friendly Materials Use |
| Authors |
Choi Yeol ; Yim Ha-Kyoung |
| Keywords |
Remodeling ; Sick House Syndrome ; Environment-Friendly Materials ; Multinomial Logit Model |
| Abstract |
The aim of this paper is to explore the actual cost for new apartment remodeling and analyze the potential payments ability for using environmental-friendly materials.
Multinomial Logit Model is employed to examine the actual cost and the potential payment in accordance with household's socio-economic characteristics and the cognition of Sick House Syndrome on the basis of new apartment's residents in Busan Metropolitan.
The major findings are as follows;
It is found that most resident remodeled their house before moving into new apartment in terms of their desirable preference. As a result of logit model for remodeling cost and latent payment, it showed that the variables to denote householder's age, housewife's education, children's age, environmental disease patient, household income, house price and cognition about Sick House Syndrome are statistically significant factors.
And this study also found that most residents didn't have cognition about Sick House Syndrome before moving into new apartment, but they badly experienced Sick House Syndrome just after moving into, so they seriously perceive and consider environment-friendly materials' using. |