President Moon pledges to alleviate housing burden for newlyweds and youth

Arirang News 2018-07-06

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And President Moon Jae-in is all for that governmental housing support,...
Meeting with newlyweds in western Seoul on Thursday evening,... the president pledged to provide policy support for those who have recently tied the knot.... to help them ease the burden of finding an affordable home.
Our Blue House correspondent Hwang Hojun reports. Leaving work at a regular time is a foreign concept to many.
Even considering marriage is an extravagance.
All because housing is becoming too much of a burden in people's lives, according to the South Korean leader.
President Moon Jae-in insists that all people should be able to enjoy basic housing welfare.

"The government will roll our sleeves up to boost housing security. Our direction and goal are clear - alleviating the housing burden for newlyweds and younger people."

President Moon made such comments while meeting with newly married couples on Thursday night in an apartment complex in western Seoul,... specifically constructed to provide homes for people in their 20s and 30s, including newlyweds, college students, and people who recently joined the workforce.
It was the location where the South Korean President chose to announce his administration's housing measures for newlyweds and the younger generation..

"For that to become a reality, we're putting in three times as much budget to be spent on such measures, compared with the previous government. I believe the public will agree to resolve the record-low birthrate issue in South Korea."

Similar government support will be provided to single-parent households as well.
Hwang Hojun, Arirang News.

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