The Effect of Real Estate Auction Events on Mortality Rate

Abstract

This study has investigated the mortality rate of parties at real estate auctions compared to that of the overall population in South Korea by using various variables, including age, real estate usage, cumulative number of real estate auction events, disposal of real estate, and appraisal price. In each case, there has been a significant difference between mortality rate of parties at real estate auctions and that of the overall population, which provides a new insight regarding utilization of the information on real estate auctions. Despite the need for further detailed analysis on the correlation between real estate auction events and death, because the result from this study is still meaningful, the result is summarized for informational purposes.