Abstract

The purpose of this study is to estimate the availability of supplying public rental housing by using low utilized city land and to discuss implications of the results. Currently, Seoul faces a housing problem that lacks public rental housing. In difficult situation of securing expanse vast land through residential development projects as past, we examined whether the utilization of scattered city land in the existing urban area for public housing, could be an alternative to the supply by the construction method. Based on the analytical framework devised by research team, estimated supply capacity that was previously presented by Seoul Metropolitan Government has not yet reached the level that was proposed in the public rental housing supply plan. So, there is a need to search for the utilization of various supply methods out of the construction method. In this regard, it is necessary to review on preparing measures for using the city land against the opposition of the local residents, refurbishing old public rental housing for adding new public housing, increasing supply by purchasing existing private housing, and expansion of the housing benefit to absorb the demand for the public rental housing.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call