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The government announced a plan to supply 500,000 households in public housing, and I've seen a lot of articles saying that there are a lot of people in their 40s, 50s, and 4050s who complain of a sense of deprivation from this policy.
There are three types of public sale that the government has introduced earlier.
Of these, the sharing type, in which 30% of the market profit is shared with the government, is designed so that if I have 70 million won, I can actually buy a house worth 500 million won, 80% of which will go to the youth.
In the case of an optional apartment that offers the same discount loan, 70% of the apartment is sold at 80% of the market price, and 40% of the general apartment is sold to young people.
On the other hand, 4050 singles should aim for a general supply that selects a winner with additional points for subscription, but the supply ratio is only 10-30%.
Therefore, there are voices of dissatisfaction among those in their 40s and 50s, who say they are only a little older, but there is no big difference in their situation or income, but they are being discriminated against because they only drive benefits to those in their 20s and 30s.
In this controversy, an official from the Ministry of Land, Infrastructure and Transport stated in the article that the young people will eventually become the backbone of our society, so it is not necessary to lay the foundation for youth and accumulate assets.