60,000-home plan for greater Seoul to proceed as intended: Cheong Wa Dae

Cheong Wa Dae reiterated Monday that it will push ahead with a 60,000-home plan in the greater Seoul area, seeking to calm fears of a housing squeeze and keep anxious buyers from rushing into the market. “We are working to ensure that the previously announced (construction of) 60,000 units proceed without disruption,” Kim Yong-beom, senior presidential secretary for policy, said during a press briefing at Cheong Wa Dae. In January, the government announced a plan to supply 60,000 public housing

By The Korea Herald