"Let's Overcome COVID-19 Together" Haenam-gun's Good Landlord Movement Spreads

Rent Reductions for Commercial Spaces Facing Economic Downturn Difficulties, Followed by Participation from Buildings 2 and 3

Haenam County Office Building View (Photo by Haenam County)

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Haenam County (Governor Myung Hyun-kwan) announced on the 10th that the ‘Good Landlord Movement,’ in which landlords voluntarily reduce rent for tenants struggling due to the spread of COVID-19, is spreading.

Following Jeong Woo-seon of Haenam-eup, who decided on the 2nd to fully waive the March rent for the commercial space leased in his building, the couple Sung Jeong-hoon and Bae Yoon-hee, as well as Lee Hwi-jae, have also decided to join the Good Landlord Movement one after another.

The couple Sung Jeong-hoon decided to reduce the March rent of their owned commercial space by 300,000 won, and Lee Hwi-jae decided to reduce the rent by about 25 to 35% for three months for five commercial spaces leased in his building.

In particular, for tenants in the travel industry who are experiencing great difficulties, the rent will be fully waived for three months to ease their burden.

The Good Landlord Movement in Haenam began when Jeong Woo-seon, who serves as the president of the Small Business Association, proposed the movement with the meaning of overcoming the crisis together amid the nationwide spread of COVID-19, which has greatly contracted the local commercial district.

Haenam County plans to actively promote support policies for small business owners to revitalize the local economy while collaborating with related small business organizations in the region to help spread the Good Landlord Movement, which is voluntarily carried out at the private level.

This content was produced with the assistance of AI translation services.