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Housing for Young Adults


Seoul's Subway Station Area Housing Project for Young Adults

Housing Conditions of Youth in Seoul

 

■ Causes of Housing Insecurity

  • Insecurity in securing housing cost due to increase in unemployment and lack of regular jobs among the young
  • Increase in burdens on household budgets due to increase in household debt (Increased rate of financial debts among those in their 30s: 12.9%)
  • Increase in rental deposits, accelerated shift to monthly rental system

■ Increase in Young House Poor

  • Increase in young house poor (aged 19-34) in Seoul
  • Higher than the young house poor rate of the Whole Country (14.7%)
Young House Poor rate among the youth population(19-34age)

■ Increase in Young People Moving Out

Increase in numbers of young people moving out of Seoul due to problems of housing costs

Increase in Young People Moving Out