The general housing conditions in Korea have been improved by the high-level economic growth and housing supply policies since 1980s. But housing inequality is continuing, though its appearances are newly transformed. Therefore we need to examine how ...
The general housing conditions in Korea have been improved by the high-level economic growth and housing supply policies since 1980s. But housing inequality is continuing, though its appearances are newly transformed. Therefore we need to examine how serious housing inequality is in our society and bow effective housing policies as counter-measures to housing inequality are.
Owing to the long-term large-scale housing construction, the problem of absolute housing poverty has been greatly mitigated. But the problem of relative housing poverty is still keeping up. Especially after the IMF economic crisis, as disparity between regional housing prices is amplifying, new housing strata in homeowners appears. In this result, socio-economic inequality surrounding home ownership is deepening.
Korean government has tried to enforce various policies for solving these problems. But the government didn’t regard housing equality as an important policy target, and was not positive on housing supply measures for non-homeowners and housing welfare policies for the housing poor. The recent trials to ease new housing inequality are a little effective, but it is uncertain that these policies will continue. Hence it is difficult for the government to alleviate the housing inequality by means of the existing policies.
Recently the focus of housing problems is changing from housing stock shortage to unequal distribution of housing resources. Therefore housing policies need to be restructured as measures for housing equality. This means that the government will be charge of not the simple housing production, but the distributional justice of housing and prepare detailed policy alternatives for solving the housing inequality.