A framework for identifying spatiotemporal hot spots of speculative land transactions using prospective monitoring procedures: the case of South Korea

Abnormally high-priced transactions in urban land speculation bring detrimental effects on economy, environment, and society. Governmental agencies around the world are striving hard to monitor and control land speculation by introducing various policy objectives and tools for an efficient urban development planning. One of the major challenges in controlling land speculation is to quickly identify the spatiotemporal locations of concern (hot...