Korea Real Estate Board (REB) said on the 11th it will launch an "integrated support system for vacant home maintenance" to address the vacant home problem. The system expands and overhauls the existing "Vacant Home-Ae (Love)" system to build a data collection framework for the status of vacant homes and support public services, upgrading functions that had focused on information provision (vacant home distribution status, maintenance cases) using artificial intelligence (AI).
By combining the existing method of estimating vacant homes based on electricity usage with whether renewable energy (solar) is used and resident registration information (such as occupancy), the accuracy of vacant home determinations was improved, laying the groundwork for local governments to systematically manage everything from the occurrence of vacant homes to maintenance and transaction status.
It will also present type-specific plans for vacant home maintenance and utilization by analyzing vacant home status (grade, area, road conditions, etc.), basic living infrastructure, and population data, helping local governments establish efficient vacant home maintenance plans.
It will also provide a "vacant home risk prediction map" that uses AI to learn vacant home drivers such as an aging population, aging buildings, and price fluctuations. In collaboration with local governments including Gyeonggi Province, it will identify vacant homes seeking transaction and offer a "transaction support service" that discloses information on those listings and licensed real estate agents, supporting the activation of voluntary private transactions.
In addition, it will offer a natural language-based "vacant home listing information search" function, and it plans to improve the operating environment so that in the future owners can directly manage and utilize vacant homes and apply to register listings.
Son Tae-rak, president of Korea Real Estate Board (REB), said, "As the vacant home problem deepens due to population decline from low birthrates and aging and the extinction of local (regional) areas, we will continue working to support government policy by building a foundation for preventing and managing vacant homes through the 'integrated support system for vacant home maintenance.'"