[Breaking] President Moon: "Housing Stability, the Most Urgent Livelihood Issue for Youth"

[Image source=Yonhap News]

[Asia Economy Reporter Ryu Jeong-min] On the 13th, President Moon Jae-in requested at the Cabinet meeting that special measures for youth be prepared, warning that young people could become the 'lockdown generation' due to the impact of COVID-19.

President Moon said, "Housing stability is also the most urgent livelihood issue," and added, "I hope efforts will be made to broaden opportunities for homeownership for young people and newlywed couples without homes, and that alongside expanding housing supply, detailed policy exchanges for youth will be carefully reviewed."