Rental Housing System in Korea

Introduction



1. Changes in Korean Rental Housing System and Types of Rental Housing

A. Background on Adoption of System

B. Changes by Period

C. Types of Rental Housing



2. Function and Role of Rental Housing Policy in Korea

A. Goal of Rental Housing Policy

B. Function and Role of The Rental Housing Policy

C. Target Group for Rental Housing Policy



3. Rental Housing Construction, Supply and Management System

A. Rental Housing Construction, Supply and Management System in Entirety

B. System for Rental Housing Business Operator

C. The Rental Housing Supply System

D. System for Managing Rental Housing

E. Results of Rental Housing Construction and Supply



4. Support System for Rental Housing

A. Support System for Construction and Supply

B. System to Support Consumers

C. Results of Financing Support



5. Accomplishment(effect) of Rental Housing System

A. Contribution to Stabilization of Rental Market and Living Condition of People

B. Expansion of Housing Supply/Increase in Supply Rate

C. Rental Housing Policy Based on Income Level and Ability to Pay

D. Role of 5 years and 10 years Public Rental Housing and Results



6. Factors to be Considered when Adopting the System

A. Problem of Government Financing and Securing Fund

B. Stimulation of Supply of Public Rental Housing Using Private Sector

C. Consistency of Rental Housing Policy

D. The Importance of Distributing Roles between Public and Private Sector

E. Overcoming of Social Discrimination Towards Rental Housing



Appendix : Legislation on Rental Housing

① RENTAL HOUSING ACT

② ENFORCEMENT DECREE OF THE RENTAL HOUSING ACT

Korea Rental Housing Association