A Study on the Improvement of Housing Subscription System : Based on the unranked subscription system

Unranked subscription refers to a system in which subscriptions and wins are made regardless of the subscription ranking. Depending on its main contents, there are 'unranked post-subscription' methods, 'random supply', and 'resupply contract canceled housing'. These unranked subscriptions do not require a subscription bankbook when accepting subscriptions, and are characterized by the application of exceptions recognized as homeless members, and if there is a large market margin compared to the initial sale price, the subscription competition rate ranges from as few as several thousand to as many as several million. Although one of the purposes of the housing subscription system is to select applicants for sale and supply housing based on the timing of subscription of resident savings products, if you look at the status of unranked subscriptions, it is very difficult to win due to fierce competition, but if you win, it is also called a very good so-called Lotto subscription. In this study, matters related to the improvement of the unranked subscription system were presented. In the case of a large amount of market profit through deliberation, the amount of unranked subscription should be purchased from the public and then sold so that the profit can be used only for residential welfare purposes. Providing the processing of unranked housing to the general public in the form of a sale at a high competition rate would be a more efficient processing method to purchase and process it in the public rather than paying the general subscriber a relative deprivation and a lot of consumptive effects on utility.

Authors

Publication Details

Journal
Korean Institute for Aggregate Buildings Law
Published
2024-11-27
DOI
https://doi.org/10.55029/kabl.2024.52.135
Primary Topic
Cultural and Historical Studies
Type
article
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article

A Study on the Improvement of Housing Subscription System : Based on the unranked subscription system

Young-Cheon Seo
Korean Institute for Aggregate Buildings Law
Cultural and Historical Studies
article

A Study on the Improvement of Housing Subscription System : Based on the unranked subscription system

Young-Cheon Seo
article en

Abstract

Unranked subscription refers to a system in which subscriptions and wins are made regardless of the subscription ranking. Depending on its main contents, there are 'unranked post-subscription' methods, 'random supply', and 'resupply contract canceled housing'. These unranked subscriptions do not require a subscription bankbook when accepting subscriptions, and are characterized by the application of exceptions recognized as homeless members, and if there is a large market margin compared to the initial sale price, the subscription competition rate ranges from as few as several thousand to as many as several million. Although one of the purposes of the housing subscription system is to select applicants for sale and supply housing based on the timing of subscription of resident savings products, if you look at the status of unranked subscriptions, it is very difficult to win due to fierce competition, but if you win, it is also called a very good so-called Lotto subscription. In this study, matters related to the improvement of the unranked subscription system were presented. In the case of a large amount of market profit through deliberation, the amount of unranked subscription should be purchased from the public and then sold so that the profit can be used only for residential welfare purposes. Providing the processing of unranked housing to the general public in the form of a sale at a high competition rate would be a more efficient processing method to purchase and process it in the public rather than paying the general subscriber a relative deprivation and a lot of consumptive effects on utility.

Korean Institute for Aggregate Buildings LawVol. 52
Openalex Percentile: Top 68%
Cultural and Historical Studies
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A Study on the Improvement of Housing Subscription System : Based on the unranked subscription system — Young-Cheon Seo · Korean Institute for Aggregate Buildings Law (2024) | TGRS Research Map | TGRS