Reported 9 months ago
Since the introduction of the 'New Youth Housing Plan for Secure Family and Homeownership (New Youth Security)' on June 26, 2024, it has boosted the housing market demand but also led to issues like ghost tenants and unauthorized subletting. Following discussions among relevant ministries, the Ministry of Finance conducted a cross-ministry inventory and presented anti-fraud and optimization measures at a Cabinet meeting today. The Ministry of the Interior will collaborate to cross-reference applicants for rental subsidies and new youth security homes to prevent speculation in the real estate market.
Source: YAHOO