LH Land and Housing Institute (LHRI) announced on the 23rd that it launched ‘LHRI Focus’ on the 20th to diagnose rapidly changing issues in the land and housing sector and propose solutions.
LHRI Focus consists of an ‘Issue’ section that presents topics and solutions related to real estate issues, and a ‘Report’ section that easily conveys the activities and achievements of the LH Land and Housing Institute while providing comprehensive related information.
In the first inaugural issue, LHRI addressed the ‘LH ViewPoint on the Increase of Unsold Houses’ in the Issue section, analyzing the current status of unsold houses and the PF market as well as the causes of the increase in unsold houses.
It also introduced past policy cases aimed at resolving unsold houses and proposed alternatives utilizing financial techniques such as CR REITs (Corporate Restructuring REITs).
In the Report section, a summary of the LH Land and Housing Institute’s research report on ‘Institutional Improvements to Strengthen the Land Bank Function’ was introduced, addressing institutional improvement tasks to enhance the effectiveness of the land reserve system for market supply and demand control.
Kim Hong-bae, President of the LH Land and Housing Institute, stated in the inaugural issue’s foreword, “LHRI Focus aims to take the lead in pioneering the future of the land and housing sector,” adding, “We will strive to address current issues and present hope for the future in the land and housing sector in response to new challenges such as high inflation, high interest rates, and the crisis of deglobalization.”
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