Is shared housing a viable economic and social housing option for young adults?: Willingness to pay for shared housing in Seoul

Kim, Jeongseob; Woo, Ayoung; Cho, Gi Hyoug

doi:10.1016/j.cities.2020.102732

Cited by 24 publications

(22 citation statements)

References 49 publications

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“…The youngest age group (20–24 years) was more likely to live in shared housing. This is consistent with the characteristics of sharers identified in previous studies [ 1 , 4 ]. With regard to gender, shared housing had a relatively higher number of male residents than other housing types, which is also consistent with the findings of Woo et al [ 10 ] that young single males were significantly more likely to choose shared housing than young single females.…”

Section: Resultssupporting

confidence: 93%

“…A growing number of young single persons are delaying marriage, which is further increasing housing demand, thus aggravating the housing affordability issue. As one of the solutions to the housing demand and affordability issues among young adults, many for-profit and non-profit organizations have started to provide shared housing for young adult groups [ 1 , 10 ]. In this context, Seoul is a suitable case city to study shared housing.…”

Section: Methodsmentioning

confidence: 99%

“…Along with the increase in the number of single-person households and the proliferation of the sharing economy, shared housing where unrelated adults live together has re-emerged as a viable economic and social housing option for young adults [ 1 ]. House sharing has conventionally been seen as an affordable housing option for college students with economic constraints [ 2 ].…”

Section: Introductionmentioning

confidence: 99%

“…Recently, house-sharing has been widely adopted by young single-person households, including not only those in the economically disadvantaged group but also those in professional and managerial occupations, to save rent and expand social relationships [ 3 ]. Economic constraints are still one of the important considerations for deciding to live in shared housing, but some people choose to live in shared housing in accordance with the needs and demands of their current lifestyle rather than due to economic constraints [ 1 , 3 ]. Further, by allowing more social relationships among housemates and neighbors, shared housing is considered as a community development tool to ensure social capital [ 4 , 5 ].…”

Section: Introductionmentioning

confidence: 99%

“…Understanding the needs of single young adults in the context of shared housing is essential for solving the housing challenges currently facing this demographic group [ 1 ]. Similarly, understanding the consequences of shared housing on the sharers’ health should precede the development of appropriate housing strategies to manage them.…”

Section: Introductionmentioning

confidence: 99%

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Relationship between Mental Health and House Sharing: Evidence from Seoul

Kim

2021

IJERPH

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While the association between general housing and mental health has been well documented, little is known about the mental health outcomes of house sharing. As shared housing has been viewed as an economically and socially viable housing option for young adults, a broader understanding of how shared housing affects the residents’ quality of life, including mental health, is needed. In this context, this study aims to provide empirical evidence about the relationship between mental health and house sharing after controlling for residents’ self-selection. We conducted a survey of 834 young single adults living in shared housing and non-shared housing in Seoul, Korea. Then, to control for residential self-selection, we applied the residential dissonance framework. The main findings of this study were two-fold: first, house-sharers with a positive attitude toward shared housing were more likely to respond that their mental health status improved after they started residing in shared housing; second, if young adults are forced to live in shared housing, this could increase the potential risk of social dysfunction of house-sharers. Based on these findings, we suggest policy measures for shared housing, including pre-occupancy interviews, resident behavior codes, and fostering a livable dwelling environment to ensure a healthier life in shared living arrangements.

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Section: Resultssupporting

confidence: 93%

Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Relationship between Mental Health and House Sharing: Evidence from Seoul

Kim

2021

IJERPH

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Revisiting the Patterns of Youth Transition

Chan

2023

The Palgrave Handbook of Global Social Problems

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The effects of floor plan representations on preferences for apartments

Baker

Oppewal

2022

J Hous and the Built Environ

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In the real-estate industry, floor plans are commonly used to communicate spatial layouts of housing alternatives to house hunters. Using the method of stated preferences, this research investigates whether lay-individuals’ preferences for layout attributes differ when floor plans versus text descriptions are used to measure preferences for build-to-rent apartments. The study involved 417 student respondents evaluating four hypothetical apartments twice, with the apartments varying in two focal attributes, layout orientation, and dining space status. Findings from the experiment indicate that floor plan representations of apartments are rated higher overall than text representations; however they also suggest that the effects of the two focal attributes on apartment preferences are larger for text than floor plan formats. Further, effects of the attributes on apartment preference ratings are shown to depend on the participants’ user goal and on their level of attribute knowledge. The main contribution of this research is that it demonstrates how representation format influences housing preferences, and further, how lay-individuals’ judgements of layout attributes depend on the individual’s goals and their knowledge of the attributes. These findings are relevant for future stated preference studies and for real estate agents and property developers when considering what information to provide to prospective buyers and renters of sight-unseen residential property.

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Is shared housing a viable economic and social housing option for young adults?: Willingness to pay for shared housing in Seoul

Cited by 24 publications

References 49 publications

Relationship between Mental Health and House Sharing: Evidence from Seoul

Relationship between Mental Health and House Sharing: Evidence from Seoul

Revisiting the Patterns of Youth Transition

The effects of floor plan representations on preferences for apartments

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