South Korea’s Ministry of Land, Infrastructure and Transport plans to supply 1.188 million public housing units by 2030, averaging about 240,000 annually, while President Lee Jae-myung said Gangnam’s property-market dominance and the country’s reliance on real-estate speculation should become a thing of the past. The plan includes 945,000 public and publicly supported rental homes and 243,000 public-sale units, with about 920,000 units in the Seoul metropolitan area. A new universal public-rental category will offer 190,000 homes for non-homeowning middle-class households, although detailed construction and acquisition targets total 193,000. Youth monthly-rent subsidy eligibility will expand the monthly-income cap from ₩1.54 million to ₩2.74 million, lower the minimum age to 18 and increase projected beneficiaries from 93,000 to 240,000 next year. The government has budgeted about ₩34 trillion for public housing and related support next year, plus ₩3.2 trillion from the Future Response Fund, but has not disclosed the full five-year cost.