This study investigates the determinants of household residential stability in South Korea by examining transitions in housing tenure and housing type at the household level. While prior studies have largely focused on static housing outcomes, limited attention has been paid to dynamic residential transitions that critically shape housing vulnerability. To address this gap, this research analyzes how economic characteristics influence residential mobility and stability among vulnerable groups, including young adults, elderly households, and low-income households. Using nationally representative household survey data from 2014 to 2023, this study employs a multinomial logistic regression model to examine transitions across housing tenure (owner-occupied, jeonse, monthly rent) and housing types. Key economic variables include household income, employment status, asset ownership, housing cost burden, and income volatility, alongside demographic and housing characteristics. Preliminary findings indicate that income instability and high housing cost burdens significantly increase the likelihood of downward transitions in both tenure and housing type, particularly among young and low-income households. In contrast, asset ownership and stable employment are associated with residential persistence or upward transitions, while elderly households exhibit distinct patterns characterized by limited mobility but heightened vulnerability to tenure instability. These findings underscore the importance of considering dynamic housing transitions rather than static housing status in evaluating residential stability. The results are expected to provide empirical evidence to support targeted housing policies aimed at enhancing residential stability for vulnerable populations, and full results will be presented at the conference.

Authors:
Jonghoon Park, Hanbat National University, South Korea

About the Presenter(s)
Professor JONGHOON PARK is a University Associate Professor/Senior Lecturer at Hanbat National University in South Korea

See this presentation on the full schedule – Monday Schedule

Bookmark