Abstract
This study investigates how private education fever affects tenure and occupancy choices in Seoul, South Korea. We used a bivariate probit model to control for sample selection bias that could be caused by sample selectivity from a chain of tenure and occupancy choices. This study found that households with school-age children seem to utilise housing occupancy choice through location choice. Moreover, opportunity for private education is more important to households with school-age children than for households without school-age children, and households with school-age children are more likely to choose a housing occupancy and residential location offering better chances for private education. The study’s main contributions, limitations, and policy implications are described.
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Park, J., Lee, S. Effects of private education fever on tenure and occupancy choices in Seoul, South Korea. J Hous and the Built Environ 36, 433–452 (2021). https://doi.org/10.1007/s10901-020-09773-1
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DOI: https://doi.org/10.1007/s10901-020-09773-1