Deputy Prime Minister and Minister of Planning and Finance, Choi Sung-mok, speaking at the Economic Ministers Meeting held on the morning of the 17th at the Government Sejong Building. /Yonhap News
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, ‘Deputy Prime Minister and Minister of Planning and Finance, Choi Sung-mok, stated on the 17th, “By next year, the government will purchase 120,000 housing units to supply them to non-homeowners at prices lower than market rates through rental and lease agreements.”‘,
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, ‘During the Economic Ministers Meeting held at the Government Sejong Building on this day, Deputy Prime Minister Choi mentioned, “To reflect the preferences of actual demand as much as possible, (the government will) concentrate more than 70% of the purchased rental housing supply in the metropolitan area.”‘,
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, ‘Deputy Prime Minister Choi stated, “To ensure rapid and stable supply of public rental housing, we will streamline the acquisition process and work towards realizing realistic acquisition support prices.”‘,
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, ‘He also mentioned, “To enhance the stable income base of the people and normalize the real estate trust (REITs) market, we will activate REITs. REITs refer to a business structure where funds are raised from multiple small investors to invest in real estate and distribute development and operating profits.”‘,
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, ‘Deputy Prime Minister Choi said, “To allow more individual citizens to enjoy real estate development profits, we will expand opportunities for REITs to invest in excellent assets,” and added, “We will establish ‘Project REITs’ with significantly relaxed regulations to allow easy participation of REITs from the real estate development stage.”‘,
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, ‘He further emphasized, “We will expand the scope of REIT investment targets to promising sectors such as healthcare facilities, data centers, etc.,” and stated, “We will stabilize the real estate market by acquiring auction crisis businesses and unsold homes as REITs and converting them into rental housing.”‘,
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, ‘Regarding the activation of inbound tourism, Deputy Prime Minister Choi commented, “We will increase the use of automated immigration desks for cruise tourists and support major event attendees such as business-related conferences and international conferences to use expedited immigration inspection desks.”‘,
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, ‘He continued, “We will establish a new type of ‘mixed facility zone’ within tourist complexes to expand the development of integrated facilities for accommodation, leisure, and shopping,” and added, “We will increase satisfaction with various entertainment options including cultural experiences and shopping.”‘,
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