Tag: Housing

Housing

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Seoul balks at gov’t proposal to build in green spaces as part of housing supply plan

The capital said greenbelt areas should be preserved at all costs, while welcoming moves to ease the redevelopment project process.

2026.8.13

Bank of Korea's headquarters in central Seoul on Aug. 12, 2025

BOK employees dodge tighter mortgage rules with nearly 6 billion won in internal lending debt

The central bank had 5.96 billion won in outstanding housing loans by employees on the books even as rules for commercial banks limit options for the public.

2026.8.12

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Lee Jae myung speaks at the Real Estate Policy Forum at KBS in western Seoul on July 23 as attendees watch.

Bus housing idea deepens Seoul supply backlash (KOR)

A ruling party lawmaker’s proposal to turn retired buses into youth housing has intensified criticism that the government lacks credible answers to the Seoul area housing crunch.

2026.8.10

Bus housing idea deepens Seoul supply backlash

A ruling party lawmaker’s proposal to turn retired buses into youth housing has intensified criticism that the government lacks credible answers to the Seoul area housing crunch.

2026.8.9

황희 더불어민주당 의원이 지난 1월 6일 서울 여의도 국회 의원회관에서 부동산 정책방향 기자간담회를 하고 있다. 뉴스1

DP backs away from member's 'bus house' idea

The ruling party called a lawmaker’s proposal to turn discarded buses into youth housing a personal idea after fierce criticism from the opposition and young people.

2026.8.9

President urges large-scale expansion of housing supply

President Lee Jae Myung told officials to move quickly on "bold" housing measures as Seoul-area home prices remain overheated and out of reach for many.

2026.8.8

Lee to review housing supply measures this week

President Lee Jae Myung will lead a closed-door meeting Friday on real estate policy as the government prepares steps to boost housing supply and curb rising home prices.

2026.8.5

Do Seoul's global real estate agencies actually speak English? We called them to find out.

The results generally fell into two categories: agencies that conducted the consultation comfortably in English, and those that understood English but preferred conversing through text.

2026.8.5

In a Changwon complex at risk of collapse, summer heat leaves residents with nowhere to go

As indoor temperatures climb above the heat outside, dozens of residents remain in structurally unsafe homes they say they cannot afford to leave.

2026.8.4

Seoul mayor warns of 'tax hell' in housing overhaul plan

Seoul Mayor Oh Se-hoon said the government’s 2026 real estate tax proposal would deepen market instability, cut rental supply and burden ordinary residents without boosting housing supply.