주택임대차시장 임대차계약 형태 구조 변화에 따른 세제개편에 관한 연구

The purpose of this study is to establish a house equity pricing model in order to estimate the leaseholder's rent burden due to changes in the contract type of the lease market and to estimate the rent increase effect according to the change of real estate related tax using the user cost of the capital of Korean housing assets. According to the estimation results of 1976∼2014, the 24-year average Jeonse ratio to the house price was estimated to be 0.59∼0.7 except the extreme value, and the 31-year average user cost of monthly leaseholder's capital was 3.14∼5.21%. The user cost (required rate of return) of the Jeonse leaseholder's capital was 6.44∼8.54%, which was about 1.6∼2.8 times higher than that of monthly leaseholder. As a result of analyzing the burden of the renting service of the tenant, it was found that the rental cost of the Jeonse tenant was lower than that of the monthly tenant. In the latter period of 2000, the cost of housing service of the latter was estimated to be about 2 to 4 times higher than that of the former. It was also estimated that the rental fee would be increased by about 1.18∼2.8 times when the Jeonse rent was converted into monthly rent. The tax burden of rental tenants due to tax reform, by which transfer income tax was exempted or reduced and comprehensive real estate holding tax was introduced, showed a contrary effect. The relative rental service cost of Jeonse rental tenants increased and decreased at the same time according to the transfer income tax rate reduction. On the other hand, the increase in the property tax rate due to the introduction of comprehensive real estate holding tax significantly reduced the rent cost of the monthly tenant.