Seoul Mayor Oh Se-hoon will push the "The Dream House+" policy as the youth housing policy of the ninth popularly elected administration to supply 74,000 youth homes by 2030.
On the 30th at Konkuk University, Mayor Oh held a town hall meeting on youth housing stability policy with about 30 students and explained the "The Dream House+" policy, including housing supply, expense support, and prevention of jeonse fraud, saying he would push as his first pledge of the ninth popularly elected administration to supply 74,000 youth homes.
In March, the Seoul city government announced "The Dream House+," an integrated public housing supply system for youth and college students, and prepared youth housing stability measures to supply 74,000 youth homes by 2030.
On the 26th, the city began recruiting tenants for a total of 905 units, including 849 youth purchase-and-lease dwellings and 56 dormitory-style youth homes.
Support for youth housing costs will also be expanded. Along with monthly rent support for youth, the city will ease income standards for the interest support program for lease deposits and continue support for real estate brokerage fees and moving expenses. For applicants excluded from monthly rent support for youth, the city will also push a pilot program that provides 80,000 won per month for maintenance fees.
The "Seoul-type Sprout One-room" for college students will also supply 10,000 rooms by 2030. The city plans to secure one-room units and share houses in areas convenient for commuting to universities and provide them to low-income college students with a zero-interest deposit condition.
To prevent jeonse fraud, the city will introduce an artificial intelligence (AI)-based risk analysis service. Before a contract, the service analyzes the property rights status of the dwellings and the recoverability of the deposit, and through the jeonse and monthly rent safe contract assistance service, a licensed real estate agent will also support contract consultations and contract drafting.
After the town hall meeting, Mayor Oh visited a Moa Town initiative site near Konkuk University in Gwangjin District to also check the status of promoting unit-splittable Moa dwellings. A unit-splittable Moa dwelling is a method of creating one dwelling into two independent spaces with separate entrances, bathrooms, and kitchens.
Seoul Mayor Oh Se-hoon said, "The reason youth leave Seoul must not be housing," and added, "We will focus policy capacity on making Seoul a place where youth can trust contracts and live with peace of mind."