This issue tracks the 2026 effort by Government of the Republic of Korea to expand housing supply and accelerate construction in response to housing shortages and rising sale and rental prices in the Seoul Capital Area. It follows the August 13 fast-track housing supply plan, including more than 230,000 additional homes, accelerated public housing projects, new public housing sites, support for redevelopment and private construction, expanded project-finance support, housing assistance for young people and newlyweds, and subsequent implementation reviews.
4 events · 7 sources · Updated 41 days ago
President Lee Jae-myung chaired a six-hour second review of real-estate policy, examining with relevant ministries ways to expand housing supply, accelerate delivery and strengthen financing support.
Government of the Republic of Korea announced a housing and finance package centered on more than 230,000 additional homes in the Seoul Capital Area, faster public-site construction, new housing sites, redevelopment and private-supply incentives, expanded project finance and targeted support for young and end-user households.
One day after announcing the August 13 plan, Government of the Republic of Korea held its first cross-government review to monitor schedules, legislative changes, budget measures and other implementation tasks.
Government of the Republic of Korea held a second cross-government review of the housing and finance measures, focusing on delays in approvals and financing and committing to continued oversight until tangible housing-supply results emerge.