Document Type
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BL
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Record Number
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887966
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Main Entry
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Organisation for Economic Co-operation and Development,issuing body.
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Title & Author
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Housing dynamics in Korea : : building inclusive and smart cities /\ OECD.
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Publication Statement
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[Paris] :: OECD,, [2018]
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Page. NO
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1 online resource (153 pages)
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ISBN
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9264298886
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: 9789264298880
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Notes
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1.3.2. Household housing expenditure in Korea has been decreasing.
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Bibliographies/Indexes
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Includes bibliographical references.
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Contents
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Intro; Foreword; Acknowledgements; Table of contents; Executive Summary; Assessment and Recommendations; The state of housing; Korea has bridged the housing stock gap and improved its quality; A looming housing affordability challenge; Owner occupancy levels are decreasing; There is a large discrepancy between homeownership and owner occupancy; Seoul Metropolitan Area has the lowest levels of housing welfare in the country; Regional characteristics largely determine housing welfare; The housing welfare system; Korea has a complex social housing system ...
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... focused on low-income households and specific groupsKorea has outlined a strategic vision for housing policy; To enhance their effectiveness, the public rental housing schemes and waiting lists need to be consolidated; Building a network of public and private housing providers could alleviate the government's financial burden and ensure sustainability; Subnational governments could be gradually given a more active role in public housing provision; Local governments can use strategic land use planning to stabilise house prices.
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1. The state of housing in Korea1.1. From housing quantity to housing welfare -- housing policy in transition; 1.1.1. The institutional building period -- 1960s and 1970s; 1.1.2. Controlling housing speculation -- 1980s and 1990s; 1.1.3. Changes in housing regulation as a response to financial crises; 1.2. The housing market today; 1.2.1. The housing stock gap has been bridged; 1.2.2. Homeownership continues to be the main tenure type; 1.2.3. The rental market is changing; 1.3. Housing conditions; 1.3.1. Housing prices in Korea are comparable to those in other OECD countries.
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Financing public housing construction requires different alternative sourcesUrban Regeneration; A new context for Korean urban regeneration; The Urban Regeneration New Deal is a catalyst for balanced local growth, housing and job creation.; An enabling framework for urban regeneration has been adopted; The Urban Regeneration New Deal could be reinforced; Smart cities; Korea has been a world pioneer of smart cities; Korea has positioned itself as a leading smart economy through sustained investment; Smart cities as a vehicle for inclusive growth; Responsible global leadership.
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Social housing programmes and instruments need to be assessed periodically and the target group broadenedHousing finance; Government provides direct financial assistance for housing projects ... ; ... however, low and middle-income households have inadequate access to housing loans; To enhance mobility, Korea may wish to prioritise subsiding individuals and not just houses; The jeonsei and monthly rental tenure schemes are creating pressures on the housing market ... ; ... but modernising and strengthening the private rental market could increase supply and deal with the volatility of housing prices.
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Subject
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Housing-- Korea (South)
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Subject
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Housing.
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Subject
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Korea (South)
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Dewey Classification
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363.5095195
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LC Classification
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HD7367.5.A3O74 2018
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