Ministry of Land, Infrastructure and Transport announces ‘2.5 million + α housing supply measures’ on the 16th

The government is scheduled to announce the housing supply policy, which has been temporarily delayed due to heavy rains in the metropolitan area, on the 16th.

The Ministry of Land, Infrastructure and Transport delivered to reporters on the 10th that it would hold a briefing of Minister Won Hee-ryong’s ‘2.5 million households + α housing supply measures’ briefing on the 16th.

The ‘2.5 million households + α housing supply plan’, the first real estate measure of the Yun Seok-yeol government, is a supply roadmap that includes housing type, supply period, and supply plan by location.

On the 9th, Minister of Land, Infrastructure and Transport Won Hee-ryong convened an emergency situation inspection meeting of the Ministry of Land, Infrastructure and Transport following completing an emergency inspection of areas affected by heavy rain, such as Geumcheon Station and Gwangmyeong Station, to check the real-time damage and recovery situation and emergency response posture. / Ministry of Land, Infrastructure and Transport

According to the original plan, related ministries such as the Ministry of Land, Infrastructure and Transport and the Ministry of Strategy and Finance were planning to hold the ‘Second Real Estate Ministerial Meeting’ on the 9th and announce related measures.

However, as a series of damage cases occurred due to heavy rains in the metropolitan area, the announcement schedule was delayed by a week as it decided to focus on countermeasures such as flood damage recovery.

It is expected that the ‘2.5 million households + α housing supply measures’ will include various regulatory measures so that the supply can be expanded to the metropolitan area such as Seoul and private-led supply can take place.

Specifically, △High-density development of public housing sites such as the third new town △Enhancement of private reconstruction and redevelopment, such as the relief of the reconstruction excess profit recovery system and safety diagnosis △Introduction of privately proposed urban complex projects △Supply of youth-cost housing and the first house in the station area △Measures to mitigate noise between floors is being discussed

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