South Korea will supply 1.19 million public housing units by 2030, including public sales, public rentals and publicly supported private rentals. The Housing Stability Plan announced by the Ministry of Land, Infrastructure and Transport on the 21st sets out 243,000 public sale units, 893,000 public rental units and 52,000 publicly supported private rental units, totaling 1.188 million units, or about 240,000 annually. Some 920,000 units, roughly 77% of the total, will be allocated to the capital region. The plan includes 150,000 units available for occupancy nationwide from the fourth quarter of this year through next year, including 100,000 in the capital region, which the ministry expects to support jeonse and monthly rental market stability. A central measure is the expansion of universal public rental housing, which relaxes income and asset requirements so young people and middle-class households can rent below-market homes for up to 20 years. The government plans 193,000 such units by 2030, including 175,000 newly built homes and 18,000 purchased existing homes, in locations including transit hubs in third-phase new cities such as Goyang Changneung, Namyangju Wangsuk and Jinjeop, as well as downtown Seoul. Half of the supply will be prioritized for young people, with local governments able to raise that share to 70% through consultation. Tenants can choose a deposit ratio from 20% to 100%. The plan also introduces share-accumulation and profit-sharing models for public sales, expands medium-sized homes and redevelops older public rental complexes. It broadens housing-benefit eligibility from 47% to 50% of median income, integrates applications into one digital system and gives local governments more authority to tailor supply to regional demand. Kim Yi-tak, vice minister for land and infrastructure, said the government aims to provide higher-quality housing and more detailed support so citizens can feel housing stability regardless of income, age or residence.