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Experts raise questions over gov t home supply plan Posted : 2021-02-04 16:42 Updated : 2021-02-05 09:07 Minister of Land, Infrastructure and Transport Byeon Chang-heum speaks during a press briefing at the Seoul Government Complex in Gwanghwamun, Thursday. Courtesy of Ministry of Land, Infrastructure and Transport Gov t to supply 836,000 new homes nationwide for next five years By Lee Kyung-min The government plans to supply 836,000 houses nationwide by 2025 through state-run redevelopment and reconstruction, as part of continued efforts to stabilize housing prices that have nearly doubled over the past few years. This is a notable change from the two dozen previous botched real estate policies, defined by demand control including a heavier tax on multiple homeowners and tighter lending rules for mortgage seekers among other measures to curb property speculation.

Soult ukpyolsiSouth koreaInch on gwangyoksiKyongsang namdoKyonggi doKwon dae jungByeon chang heumMyongji universityMinistry of land infrastructureCourtesy of ministry landSeoul national universityTransport byeon chang heumSeoul government complexLand infrastructureGyeonggi provinceMinister byeon chang heum