Politics · South Korea · 2 hrs ago

South Korea’s LH operates more than 1.5 million rental homes

South Korea’s LH operates more than 1.5 million rental homes

South Korea’s Korea Land and Housing Corporation, known as LH, says it now operates more than 1.5 million rental homes.

The homes include properties it built, bought and rented out, or leased from others for tenants.

About 2.66 million people live in them, more than the population of the city of Daegu.

LH provides rental housing for people who do not own homes.

The scale of the program means it is a major source of housing for millions of residents.

LH plans to add at least 140,000 rental homes each year from next year through 2030.

Sources

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