Housing
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Society
Society South KoreaThis Government Buys Loads of Hotels and Offices – and Turns Them into Affordable Housing
With South Korea facing a significant shortage of affordable rental homes, officials are stepping up to make a change: over the next couple of years, the government plans to buy 114,000 properties, such as hotels and offices, and convert them into public housing on lease.
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Society
Society PortugalThey Used to Be Expensive Flats for Tourists – Soon They Will Be Affordable Housing
As the corona pandemic revealed the underlying housing problem in all big cities, Lisbon, Portugal, will soon launch its ambitious plan to convert some of the tourist flats into affordable housing, a “risk-free” option for landlords.