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PM vows to boost housing supply

Prime Minister Han Seong-sook on Saturday vowed to increase financial and policy support for development projects to boost housing supply. Han made the remarks as she visited the site of a development project for new homes in Seoul, with the government having pledged to supply more than 230,000 additional homes in the Seoul metropolitan area. During the visit to the development site in Seoul's…

PM vows to boost housing supply

Prime Minister Han Seong-sook has pledged to increase financial and policy support for development projects to boost housing supply. According to The Korea Times, she made the remarks during a visit to a development site in Seoul's Seongbuk district.

The government has pledged to supply more than 230,000 additional homes in the Seoul metropolitan area. Han emphasized the importance of a speedy supply of new homes to stabilize the property market.

Han also asked related agencies to use every available means to help construction projects break ground as early as possible.

Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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