Abstract
Housing represents the act of residing in a permanent location, and residential spaces are essential for meeting fundamental human needs. In South Korean society, residential spaces are treated as significant investments, symbols of wealth, and instruments for amassing and safeguarding assets. Housing in South Korea is increasingly acknowledged as a critical factor influencing mental health issues, encompassing depression, anxiety, and stress. This study conducted an analysis to investigate the association between housing prices and depression and stress. This study specifically focused on Seoul, where housing price increases have been most notable. The spatial dependence between stress, depression, and apartment transaction prices was assessed through the use of the bivariate local Moran's I index. Furthermore, panel regression analysis was utilized to examine the association between prevalence of perceived depression and stress levels and apartment transaction prices in 25 districts of Seoul from 2018 to 2022. The study revealed distinct patterns in mental health and housing prices between the northern and southern regions of Seoul. Moreover, it established a substantial connection between apartment transaction prices and stress and depression, suggesting a significantly positive relationship. The research findings are of significance for mental health and urban planning, offering valuable insights for real estate and public health policies.
Translated title of the contribution | Analysis of the association between housing prices and mental health before and during COVID-19 |
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Original language | Korean |
Pages (from-to) | 501-509 |
Number of pages | 9 |
Journal | Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography |
Volume | 41 |
Issue number | 6 |
DOIs | |
State | Published - 2023 |
Keywords
- Depression
- Geographic Information System
- Housing Prices
- Panel Regression Analysis
- Stress