Monthly 10,000 KRW Rental Housing Support and Monthly 10,000 KRW Rental Office Provision for Young Household Heads

Jongho Bae, a preliminary candidate for the National Assembly from the Democratic Party of Korea in Mokpo City, officially announced the ‘Five Major Youth Pledges’ following a meeting with young people held on the 21st.


Under the catchphrase ‘Youth-Friendly Mokpo,’ the first of the ‘Five Major Youth Pledges’ proposed by candidate Bae is a rental housing project offering a monthly rent of 10,000 KRW for young people without homes and young newlyweds residing in or planning to move to Mokpo City.


Candidate Bae explained that this project aims to “alleviate the housing cost burden on the youth and help establish a foundation for their economic independence.”


(Center) Candidate Bae Jong-ho is having a meeting with young people on the 21st. [Photo by Bae Jong-ho Election Office]

(Center) Candidate Bae Jong-ho is having a meeting with young people on the 21st. [Photo by Bae Jong-ho Election Office]

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The second pledge is the ‘Establishment of a Youth Startup Incubating Platform,’ which provides startup spaces and consulting services to young entrepreneurs in the early stages of their ventures. Candidate Bae stated that this project is designed to guide them to settle stably in the region as successful entrepreneurs through practical experience.


Additionally, related to Mokpo City’s cultural and artistic resources and the Fourth Industrial Revolution (including artificial intelligence, big data, IoT, etc.), the plan includes remodeling vacant buildings or empty houses in the old downtown area and creating startup spaces through the consolidation of elementary schools. Along with the previously mentioned monthly 10,000 KRW rental housing project, the provision of ‘monthly 10,000 KRW rental offices’ with the same rent will foster an environment where creativity can be fully expressed, contributing to the revitalization of the old downtown area.


The third pledge focuses on expanding youth participation by establishing a youth policy advisory body called the ‘Youth Assembly,’ consisting of 10 to 20 members under the Mokpo City Council. This body will review youth-related budgets and policies. Furthermore, a ‘Youth Political School’ will be launched to nurture young leaders.


The fourth pledge involves introducing a ‘Mokpo-style Youth Welfare Card’ that can be freely used for attending performances, taking academy classes, and at cafes and restaurants, thereby promoting youth welfare policies that young people can tangibly experience.


Lastly, the fifth pledge promises to create a ‘Youth Healing Center’ offering cultural and relaxation spaces for young people, including a youth cafe, one-person broadcasting rooms, reading spaces, performance halls, shared kitchens, and outdoor terraces.


Candidate Jongho Bae stated that these ‘Five Major Youth Pledges’ were “finalized during the meeting with young people held on the 21st,” adding, “The youth showed enthusiastic support especially for the monthly 10,000 KRW rental housing support for young household heads and the provision of monthly 10,000 KRW rental offices, while the Mokpo-style Youth Welfare Card attracted great interest among people in their 20s.”


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He pledged, “For a ‘Greater Mokpo where youth can freely pursue their dreams and hopes,’ I will do my best to make Mokpo-Shinan integration the top metropolitan city in Jeonnam.”


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

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