Abstract
The public rental housing complex constructed by Housing Development Corporation in the 1960's have been dilapidated. It is an urgent subject to improve many elements of houses. Rebuilding these complex is difficult practical. Inhabitants will be demanded additional rent for improvements, however their Willingness To Pay is expected to be low. There is difference between moving desire inhabitants' WTP and permanent desire inhabitants' one. In this study, we construct a model to estimate the Willingness To Pay for additional rent and examine which element ofhouse should be improved for better living from points of view that moving and permanent. The results of analysis based on questionnaire surveys show the priority of house improvements.
