Urban Regeneration Promotion Act(URPA) aims to improve the housing conditions and the environs, it brings about the rising of housing price and rent inevitably. While someone have ability to pay will enjoy benefits, the others are enforced on leave th...
Urban Regeneration Promotion Act(URPA) aims to improve the housing conditions and the environs, it brings about the rising of housing price and rent inevitably. While someone have ability to pay will enjoy benefits, the others are enforced on leave the area they lived.
The old areas of Seoul Metropolitan Area cities have provided shelters for ones evicted from Seoul in 1970s and 1980s. Many of them experienced unspontaneous moving already. In order to URPA prevents their housing problems, public financial support should be certified and diverse, comprehensive and efficiency planning system should be prepared. Also the prime goal of URPA have to be housing market stability, especially affordable housing.