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LH announced on the 22nd that it has created a dedicated organization to execute the government’s “Residential Stability Support Plan for the Lower and Middle Classes” (pre-generation measures) and that management, including the CEO, has held a “Metropolitan Field Inspection Meeting”.
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| LH President Byun Chang-heum is speaking at the “Metropolitan Field Inspection Meeting”.[자신=LH] |
During the meeting, various tasks were discussed such as ▲ plans to convert the availability of rental housing into a type of rental ▲ promotion of new public sales and early occupancy of rental houses ▲ plans to introduce a new public charter through a method of purchase agreement.
The government plans to provide a total of 114,000 homes by 2022 to stabilize the cheonsei crisis. Of these, LH expects to take charge of at least 80% of the volume through the use of vacancies in public rental, public jeonse and purchase of contract housing.
Specifically, LH explains that it will quickly secure supply in order to supply more than 40% of the total planned volume by the first half of next year.
LH chairman Byeon Chang-heum said: “This plan to support the stability of housing for the middle and low-income class will be a great opportunity to stabilize the cheonsei market.
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