Seoul city to provide 5,000 public housing per year
Social affairsSept 26, 2018
Seoul Metropolitan Government is to supply some 5,000 public rental housing -- almost double the amount of the current 2,500 -- annually, in its effort to tackle the ongoing housing crisis in the South Korean capital. The public rental housing refer to small-size studios and houses that have been purchased by the city government to be rented out to the general public at lower-than market rates. Earlier this month, the central government also said it would supply 300,000 public homes starting