'International Housing and Urban Finance Forum' Held... Keynote Speech by Edward Glaeser

On and Offline at Yeouido Conrad Hotel on the 24th
Exploring the Role of Housing and Urban Finance After COVID-19

The Ministry of Land, Infrastructure and Transport announced on the 22nd that the 8th International Housing and Urban Finance Forum will be held both online and offline on the 24th at the Conrad Hotel in Yeouido, Seoul, under the theme of 'Housing and Urban Finance in the Post-Corona Era.'

This year's forum, marking its 8th edition, is expected to serve as an opportunity to explore the role of housing and urban finance after COVID-19, amid growing expectations for the recovery of daily life with the With Corona policy.

The event will begin with an online keynote speech by Edward Glaeser, a professor of economics at Harvard University, author of 'Triumph of the City,' and a world-renowned scholar in urban economics, followed by presentations and discussions by leading domestic and international experts.

In the first session, Ben Winter, Deputy Assistant Secretary of the U.S. Department of Housing and Urban Development (HUD), will introduce the current status of various housing support policies in the U.S., including housing finance and rental housing supply, under the theme of 'Revitalizing Affordable Housing Supply.'

Cheong Kun-hin, Director of the Singapore Innovation City Center, will present on Singapore's housing supply policies that broadly satisfy diverse demands across the life cycle, under the theme 'Housing Supply Towards a More Inclusive and Sustainable City.'

Professor Kim Jin-yu of Kyonggi University will propose mid- to long-term development tasks for Korea's rental housing policy by examining policy cases from major countries under the theme 'Challenges of Rental Housing Policy for Housing Stability.'

In the second session, Kim Young-do, Senior Research Fellow at the Korea Institute of Finance, will present on ways to secure housing and urban finance resources through the activation of securitized assets, including the issuance of digital securitized bonds, under the theme of 'Non-face-to-face Asset Securitization.'

Professor Joseph Wee of the National University of Singapore will introduce methods to secure funding for urban infrastructure supply using REITs and other means, under the theme 'Financing Urban Infrastructure.'

There will also be a session to share opinions on the impact of the tapering plan announced earlier this month by the U.S. Federal Reserve Board (FED) on the Korean housing market.

Kim Soo-sang, Director of the Housing and Land Office at the Ministry of Land, Infrastructure and Transport, said, "Through this forum, we hope to exchange diverse experiences and strategies from various countries in the post-corona era and discuss pressing issues such as expected housing market volatility and response measures following the start of tapering."

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