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๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Seoul's green spaces spark debate over housing vs. preservation

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • South Korean political parties are debating the development of urban green spaces, including Yongsan Park, to address housing shortages.
  • The debate reflects a shift from traditional party stances, with current proposals potentially impacting large green belts and national parks.
  • This discussion highlights the tension between urgent housing needs and the preservation of urban green areas.

A fierce debate is unfolding in South Korean politics regarding the development of urban green spaces, such as Yongsan Park, to alleviate severe housing shortages and stabilize prices. The traditional alignment of conservative parties favoring development and liberal parties prioritizing green space preservation appears to be shifting.

This change is driven by the pressing reality of insufficient housing supply and the political imperative to appeal to younger voters. The Ministry of Land, Infrastructure, and Transport has signaled its intention to explore development possibilities within Yongsan Park, specifically targeting areas where green functions have been compromised. Yongsan Park, designated as the nation's first national park under a special law in 2007, is now under consideration for development.

The discussion about Yongsan (development) is unavoidable to supply affordable housing to young people on land owned by the public.

โ€” Kim Nam-geunDemocratic Party lawmaker, speaking at a parliamentary committee meeting.

The government is also considering utilizing "green belts", areas with environmental assessment grades of 3 or 4, for housing development, with potential sites identified in Seoul's Gangnam area. This push is supported by the presidential office and the ruling party. Lawmaker Kim Nam-geun of the Democratic Party argued that developing public land like Yongsan is "unavoidable" for providing affordable housing to young people, a sentiment echoed by Ha Joon-kyung, Senior Secretary to the President for Economic Growth, who emphasized the importance of utilizing prime real estate.

It is important to effectively utilize prime real estate.

โ€” Ha Joon-kyungSenior Secretary to the President for Economic Growth, on a broadcast program.

The government's consideration of developing urban green spaces stems from a lack of viable options for large-scale new housing developments. While reconstruction and redevelopment projects face regulatory hurdles and slow progress, green belts and state-owned land offer the potential for acquiring substantial areas quickly.

Conversely, the Seoul Metropolitan Government and opposition parties are strongly opposing these plans. Seoul Mayor Oh Se-hoon has repeatedly stated his refusal to allow Yongsan Park land to be converted for apartment use, arguing that once developed, such land cannot be easily reclaimed. The conservative People Power Party, including lawmaker Kwon Young-se whose constituency is Yongsan, also opposes the plans. This contrasts sharply with the 2008 "Bogeumjari Housing" initiative under the Lee Myung-bak administration, where conservative parties supported green belt development while liberal parties opposed it due to environmental concerns.

The development of Yongsan Park involves a policy conflict between the rapid supply of housing in Seoul's city center and the value of national symbolic capital.

โ€” Park Won-gapSenior Real Estate Expert at KB Kookmin Bank, commenting on the issue.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.