Are You a Single-Person Household? You Cannot Move into the 3rd Phase New Towns

Pre-Subscription 'Dream of Owning a Home' Excludes Single Households
Half of This Year's Pre-Subscription Supply Allocated to Newlywed Hope Town
First-Time Homebuyers and Newlywed Special Supply Also Not Eligible

As the first schedule of the 3rd New Town pre-subscription begins, conflicts within households over the allocation of subscription units are resurfacing. This is because, although nearly half of the 30,200 units supplied this year, including the first pre-subscription, are newlywed hope towns, single-person households have virtually zero chances of winning due to factors such as the number of subscription account payments. Complaints are emerging that the government has effectively excluded single-person households, which account for nearly 40% of all households, from the policy.

According to the Ministry of Land, Infrastructure and Transport on the 16th, among the 30,200 pre-subscription units supplied this time, the proportion of newlywed hope towns reaches about half, or 14,000 units. The government states, "We expect that newlyweds and young people will have more opportunities to win subscriptions," but in reality, this does not apply to single-person households, who make up the majority of the 2030 generation.

The basic eligibility for moving into newlywed hope towns is ‘household members without housing who have been married for less than 7 years or have children aged 6 or younger (newlyweds), household members without housing who are planning to marry and can prove marriage within one year from the recruitment announcement date (prospective newlyweds), and single-parent households without housing with children aged 6 or younger (single-parent families).’

For the special supply of public sale housing, half of which is allocated to newlyweds (30%), the target is ‘newlyweds married within 7 years, prospective newlyweds, and single-parent families with children aged 6 or younger.’ For the first-time homebuyer category (25%), which can be attempted when purchasing a home for the first time in one’s life, the eligibility is ‘those who are married or have children.’

Even the general supply, which accounts for only 15% of the units, is not easy to challenge. Because winners are determined based on the number of subscription account payments and total savings, the 4050 generation with longer subscription periods tends to outrank others.

Jung Ji-young, CEO of iOne, said, "For singles who have no intention of marriage, the possibility of winning a subscription is virtually zero." Because of this, real estate-related communities are flooded with complaints from single-person households saying, "They said they would give young people hope for owning a home, but what kind of hope torture town or newlywed despair town is this?" Jung added, "Measures such as special supply for single-person young people are urgently needed, but even if separate units are allocated, it is merely a ‘division of the pie,’ which could cause conflicts between generations."

Meanwhile, according to population statistics announced by the Ministry of the Interior and Safety, as of March 31, out of a total of 23,157,385 households, single-person households numbered 9,139,287, accounting for 39.5% of the total.

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