Namki Hong “Supply of 630,000 units for 5 years for public rental of high quality medium-sized housing (60 ~ 85㎡)



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“Improving public rents to quality housing for life”

30 years of residence … Increase in average income to 150%

Prime Minister Jeong Sye-gyun attends the State Council meeting held at the Seoul Government Complex on the 17th with Nam-ki Hong, Deputy Prime Minister of Economy and Ministry of Strategy and Finance. / news yunhap

On the 19th, Deputy Prime Minister Hong Nam-ki and the Minister of Strategy and Finance said: “The residency period has been extended up to 30 years so that tenants of public leases can live peacefully for a long time. time and, through the expansion of the average income standard (130 → 150%), some of the public tenants have been converted to the middle class. I will expand to. “

Deputy Prime Minister Hong said at the real estate market relations inspection meeting held at the Seoul government office on the same day: “A new high-quality medium-sized housing (exclusive 60-85㎡) for 3 -4 people and 60 million units will be supplied over the next five years “. Said this. He added: “To stabilize household rental housing, we plan to implement a plan to upgrade public leases to” quality housing for life “along with housing supply and demand management.”

The government expects to fully support the issues necessary for expanding housing supply capacity and establishing quality housing for life through finance and taxation.
/ Sejong = Reporter Hwang Jeong-won [email protected]

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