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Research on Shared Ownership housing as a new supply type of public housing
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공공주택의 새로운 공급유형으로서 지분주택 연구

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Type
Academic journal
Author
Chin-Kuei LEE (독립연구자)
Journal
한국법정책학회 법과 정책연구 법과정책연구 제21권 제3호 KCI Accredited Journals
Published
2021.9
Pages
155 - 186 (32page)

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Research on Shared Ownership housing as a new supply type of public housing
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There is a shortage of public housing. Quantitatively, public housing demand did not wait, and in terms of quality, the housing stability of the general public did not improve due to high rents compared to low-interest rates. The reason is a supply shortage that falls far short of supply plans and a supply policy focused on rental public housing. In the case of public housing, supply has been focused on rental public housing. According to the current law, when analyzing the supply type of public housing, the ratio of ownership type and rental type is 3:7. Rental public housing accounts for the majority. The expansion of rental public housing alone is insufficient to satisfy the demand for housing stability and the sense of home ownership of the common people. Relatively, the supply of owned public housing is in short supply. However, expanding the supply of owned public housing cannot be the solution. The reality is that housing prices are already out of the level that ordinary people can afford. The problem of housing instability resulting from the rise in public rental housing rent and the increase in demand for occupancy shows that the existing the supply type of public housing, public housing policy faces a difficult situation. There is a need to provide Shared Ownership housing, which is Owned public housing. Shared Ownership housing is a shared home owned jointly by the owner and investor in a single home. As a new supply type of public housing, shared ownership housing enables the realization of housing ownership, housing stability, and low housing burden for the low-income and the housing-deprived, which cannot be met with the existing rental public housing. It can also share the increase in house prices. One of the characteristics of shared ownership housing is that 100% of the project cost can be recovered, thereby reducing the financial burden on the supplier. Through this, suppliers such as the government will be able to provide a sustainable supply of shared ownership housing. Furthermore, in terms of methods, the use of idle land such as public land and public land and reconstruction of public rental housing were presented as realistic housing land security and supply methods.

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