IN-MOVERS’ HOUSING CHOICE AND GENTRIFICATION IN SEOUL
IN-MOVERS’ HOUSING CHOICE AND GENTRIFICATION IN SEOUL

Summary/Abstract: The Seoul metropolitan government has focused on the expansion of thehousing supply to address housing shortage through housing and urban redevelopmentprograms. The introduction of urban redevelopment programs has resulted in significantimprovements in both the quality and quantity of housing in Seoul. However, urbanredevelopment programs have produced gentrification and have contributed to profits forboth property owners and developers. It is necessary to identify who is moving intogentrifying neighbourhoods in Seoul and why they engage in gentrification. In order tocontribute to a more in-depth analysis, we explore in-movers’ socio-economiccharacteristics and their residential mobility. These questions are analysed using the KoreaHousing Survey data. The findings indicate that the majority of in-movers upwardhomeowners, who are more educated, have a higher income, and are relatively younger. Inthe Korean urban context, these in-movers can be identified as gentrifiers and key figuresin urban and housing regeneration programs.

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