Government Plans to Boost Housing Supply and Strengthen Provision of Housing Finance Support for Young Adults

The government introduced plans to boost the supply of housing and strengthen the provision of housing finance support for non-speculative homebuyers and renters (especially young adults) at an inter-ministerial joint briefing held on August 13. At the joint briefing, the Ministry of Land, Infrastructure and Transport (MOLIT) announced plans to swiftly boost housing supply to bring stability to the housing market and the Financial Services Commission introduced comprehensive financial sector measures to help stabilize the real estate market. The measures being introduced today are aimed at shoring up the supply of housing which has seen a continuous trend of slowing down since after 2022 by seeking innovative ways to boost the quantity, pace, and distribution of housing and revitalize the supply ecosystem. At the same time, the financial sector measures are intended to facilitate the supply of housing and help to resolve the housing finance needs of non-speculative homebuyers and renters (especially young adults) while ensuring the maintenance of consistent and effective policies (household debt management measures introduced on June 27, 2025) in managing speculative demand for ...