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Repairs of the Working Class's Owned Houses Need to Be Facilitated - Mainly Sing

  • Volume87
  • Date2005-05-16
  • Hit4,367
This policy brief contains "Repairs of the Working Class's Owned Houses Need to Be Facilitated - Mainly Single Houses and Small-sized Common Houses". - The single houses, row houses and private-house apartments in which the majority of the working class live (approximately 48% of inventories) mostly lack appropriate repair investments, causing the early aging of buildings, abnormal plunge in asset values and deterioration of the residential level for residents. - Policies to facilitate repair investments: > Subdue support standards (such as the number of houses' life years and house sizes) from the public funds such as the National Housing Fund; > Examine implementation of the special mortgage system for combined rental houses; > Cultivate remodeling & repair projects and build the relevant information system; > Periodically carry out the Housing Condition Survey. ================================================================================= Volume No. 87 Writer : Dr. Soon-Suk Bae, Senior Research Fellow of Land & Housing Research Division (E-mail : ssbae@krihs.re.kr, Tel : 82-31-380-0304)
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