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The Impact of Real Estate Factors on Voter Turnout: Local Elections in Korea

Sangmin Lee et al.

International Real Estate Review2025https://doi.org/10.53383/100401article
ABDC C
Weight
0.50

What the paper says

This study investigates the factors that affect voter turnout in local elections in Korea by using a panel fixed effects model. Cross-sectional analyses for each election compare the influence of these factors over time. In the panel fixed effects model, the coefficients for non-urban and urban areas point in the opposite directions. From an urban perspective, owner-occupied housing rates positively affect voter turnout, while apartment resident rates negatively affect it. Thus, increasing apartment supply without a rise in owner-occupied status can reduce voter turnout. Among the social factors, an aging population positively affects turnout, while an increase in foreigners has a negative effect. With urbanization continuing globally, promoting housing finance markets and effective housing supply policies to increase owner-occupied housing can enhance housing welfare and democratic development.

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https://doi.org/https://doi.org/10.53383/100401

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@article{sangmin2025,
  title        = {{The Impact of Real Estate Factors on Voter Turnout: Local Elections in Korea}},
  author       = {Sangmin Lee et al.},
  journal      = {International Real Estate Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.53383/100401},
}

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The Impact of Real Estate Factors on Voter Turnout: Local Elections in Korea

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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