SSM: Population Health (Dec 2021)
Spatial distribution of neighborhood-level housing prices and its association with all-cause mortality in Seoul, Korea (2013–2018): A spatial panel data analysis
Abstract
Housing prices are known to be a relevant indicator of the socioeconomic position of the neighborhood. In a society where the market system mainly drives housing prices, residents' spatial patterning is formulated according to their socioeconomic position. Dividing the 2013–2018 entire study period into three periods, we explored the spatial distribution of housing prices and all-cause mortality and their association in Seoul, the country's capital city. The government authorities' data and 2015 census data were used for the study. We mapped the spatial distribution of housing prices and all-cause mortality and investigated the changes in distribution. We conducted a pooled ordinary least square (OLS) and spatial panel regression analysis to estimate housing prices elasticity of all-cause mortality. We also explored the possible mediating role of housing prices on the educational composition's effect on all-cause mortality. We found the common trends of increasing spatial patterning of housing prices and all-cause mortality. The magnitude of spatial patterning was far greater in housing prices than all-cause mortality. A pooled OLS regression analysis found that a 1% increase in housing price was associated with a 0.11% reduction in all-cause mortality after controlling the explanatory variables. Attenuation in the regression coefficient's magnitude was found after adding the neighborhood's educational composition to the model. As a result of spatial panel analysis, we found a direction and scale similar to the housing price elasticity of all-cause mortality in the final pooled OLS model. The results suggested that spatial health inequality in Korea's urban space mainly stems from socioeconomic inequality.
