News
The latest on rural property in South Korea - policy changes, market trends, visa updates, and regional developments.
- News
Jeju Rural Vacant Homes Reused for Relocating Entrepreneurs
Jeju has turned 10 empty rural homes into housing and short-stay space for entrepreneurs who moved to the island, pointing to a reuse model for rural revival.
Rural Living Korea - News
Jeungpyeong County Offers Up to 3 Million Won for Vacant House Demolition
Jeungpyeong County reportedly announced support for removing neglected vacant homes, with aid of up to 3 million won to help improve safety and the local housing landscape.
Rural Living Korea - News
Gangwon Province to Cut Acquisition Tax by Up to 50% to Ease Vacancies
Gangwon Province has reportedly begun offering up to 50% acquisition tax relief to help reduce unsold homes and vacant houses, with potential benefits for rural buyers and local communities.
Rural Living Korea - News
Korea Revises Regional Extinction Fund to Favor People-Centered Support
According to the source, Korea is revising how it evaluates and distributes the regional extinction fund, shifting attention toward people-centered support for rural areas.
Rural Living Korea - News
South Korea Shifts Rural Population Funds From Buildings to Inflow Projects
According to the source, local extinction response funds are moving away from facility-led spending and toward programs meant to bring people into shrinking regions.
Rural Living Korea - News
Jeju Faces More Vacant Homes as Public Rental Renewal Moves Forward
Jeju’s slowdown below the 700,000-population mark is linked with a rise in vacant homes, and a public rental housing maintenance project is moving ahead, according to the source.
Rural Living Korea - News
Gangwon Leads Nationwide in Farm-Based Rural Stay Shelters
Demand for small stay-type shelters on farmland is growing, and Gangwon reportedly has the most nationwide, highlighting new uses for rural land and visitor stays.
Rural Living Korea - News
South Korea Looks to Curb Vacant-Home Shock in Depopulation Areas
According to the source, policymakers are focusing on vacant homes in shrinking regions, a trend that could affect rural housing, local property values, and community stability.
Rural Living Korea