Special Report Vol. 46 (2019)

Developing a Location Affordability Index Incorporating Transportation Costs in Korea

Chapter I. Introduction

1. Background and Purpose of the Research

2. Scope of the research, research methods, and analysis data

3. Definition of terms

Chapter II. Theory and application of methods of measuring affordability

1. Development methods of measuring affordability

2. Development of an affordability index that takes transportation costs into consideration

3. Examples of location affordability index in the policy sphere

4. Need for, and implications of, a location affordability index

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Chapter III. Analysis of affordability taking transportation costs into

account, and development of an index

1. Flow of analysis

2. Housing cost burden

3. Analysis of transportation cost

4. Analysis of housing cost burdens plus transportation costs

5. Development principles for a location affordability index

6. Defining a location affordability index and methods of utilization

1. Research outline

2. Housing cost burden and housing and transportation cost burden

3. Transportation cost and sensitivity characteristics

4. Impact of housing costs and transportation costs on location decisions

5. Impact of housing costs and transportation costs on location decisions

Chapter V. Policy Implications of a Location Affordability Index

1. Methods of utilization for housing policies

2. Methods of utilization for transportation policies

3. Methods of utilization for urban renewal policies

Chapter Ⅳ. Conclusions and follow-up tasks

1. Conclusions and policy proposals

2. Academic and policy contributions of the research

3. Limitations of the research and follow-up tasks

4. Implications for developing nations

References

Summary