보금자리 주택 Bogeum Jari Housing

South Korea is to build affordable housing in Greenbelt areas. It’s known as ‘Bogeum Jari’ housing, and will inevitably involve (1) displacement of existing local residents who cannot ‘afford’ these high-rise flats; (2) incoming of speculators to take advantage of the land-rent differential.

Original image on The Pressian web site

Location of Bogeum Jari housing sites