Abstract:The purpose of this study was to figure out the effect of local regulations introduced in Moon Jae-In's government on hotspot distribution of the turnover rate of real estate transaction for apartments in seoul. For the purpose, this study used the scan statistic and the logistic regression in order to identify the hotspot. As a result, three implications are as follows. First, local regulations introduced in specific regions will overheat existing popular ones should measures for supply increase. Second, the … Show more
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