Space V, which operates the short-term real estate rental service "33m2," said on the 16th that it will work with the nonprofit Tenthroom to support housing for youths preparing for independence.
To expand its mission of "safely and conveniently consolidation houses and people" across society, Space V will again this year, following last year, run a comprehensive housing support program for youths preparing for independence, providing deposit and monthly rent support along with essential home appliances and independence education programs.
The housing support program carried out over the past year went beyond simply providing space and achieved results in helping youths settle stably into society. Beneficiaries secured employment stability by focusing on their studies based on housing stability or successfully completing internships at Seoul-based corporations and extending their contracts.
It also served as a ladder for upward housing mobility. Youths who built a housing foundation during the support period later won spots in purchase-lease housing from Korea Land & Housing Corporation (LH), establishing a sustainable base for independence.
Park Heong-joon, CEO of Space V, said, "The most urgent task for the stable social entry of youths preparing for independence is securing a 'housing foundation,'" adding, "We will continue to work with Tenthroom to create an environment where youths can feel secure and plan their future."
Meanwhile, 33m2 has been steadily growing by meeting demand from users who want to rent a home for a short period for various reasons such as business trips, moving, or interior work. As of the end of last year, it recorded a cumulative 255,000 contracts and a cumulative transaction amount of 300 billion won.