Korea pushes massive housing supply as Seoul and Gwacheon lead backlash: Youth-focused rentals face NIMBY headwinds as cities resist large housing rollout

Posted by Freewhale98

2 Comments

  1. 1. Summary

    **Oh Se-hoon,** NIMBY metropolitan mayor of Seoul, is opposing the government plan to build 60,000 new housing for youth and newly married couples in metropolitan Seoul.

    https://preview.redd.it/ymnk0t7bufgg1.png?width=900&format=png&auto=webp&s=4ebf959452839f273a2d6ef0fbd82ec90083e316

    2. How is this related to sub

    (1) NIMBY: Oh Se-hoon, a corrupt conservative politican backed by Gangnam real estate speculators, is blocking the government plan to provide public housing to young people.

    3. My opinion
    Mayor Oh is ruining Seoul. He refuses more housing and interested in wasting money on stupid ferries on Han river and other vanity projects. He is only interested in enriching real estate speculators in Gangnam districts. He should be kicked out in incoming local election scheduled for June this year.

  2. How come the youth in SK still support the PPP? Absolutely inexplicable lol. Also, to have a housing crisis in a place with birth rate way below replacement is quite mind-boggling.

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