policies from each party in some depth. There are many sorts of policies on welfare and only 3 main welfare policies that the two parties suggested during the election would be covered. Then, what are 3 welfare policies about? How are their welfare policies similar or different?
Ⅱ-1. Housing Policy
Firstly, Saenuri Party suggested housing policy by presenting a slogan. It is about ‘make a
What is welfare & the need of evaluation
Economic Assistance
Promotes well-being, ‘for the benefits of all’
State of being happy and healthy and prosperous
an effort to improve people’s quality of life
House Galleria, they can tell to their butler and reserve the best view seats.
5) Using personal code number.
Most of hotels have security card or key to get into the room. However, whole rooms in Town House Galleria have all different personal code numbers and of course those numbers are set by customers.
History
House Galleria, a Startling History.>
After the un
I. Introduction
We did a group project on Housing Redevelopment Policy in SEOUL. We have selected the issue on Eun-pyeong New Town project because one of our team members has lived in Eun-pyeong New Town. First, we will look into Housing Redevelopment Policy next we explain Seoul New Town project. New Town project is a one of Housing Redevelopment Policy to promote fair development in overall re
policies that politicians insist and the political party argues about. Speaking of general election, it was held in April 11th, 2012, and to make it brief, the conservative party, Saenuri party, won the election with majority of seats over Democratic United party, which is liberal. We cannot judge their welfare policies just by looking at the result of election, however, it is somewhat related be
Slogan
Make a dream of buying a house
become a reality
&
Be free from sorrow of homeless.
Goal
To reduce housing costs
for ordinary people
Statements
Provide 1.2 million Public Housing
→ account for 10~12% of the whole housing.
Expand national funds for Newtown Project’s infrastructure.
Relieve interest burden of rental deposits for low-income people.
What is welfare & the need of evaluation
State of being happy and healthy and prosperous
Economic Assistance
Promotes well-being, ‘for the benefits of all’
-> An effort to improve people’s quality of life
The 19th General Election
Saenuri Party: The conservative
Democratic United Party: The liberal
Cannot judge the election just by looking at the parties’ welfare policy.
(1) Bubble increase of the housing industry.
Following is the background of Bubble increase of the housing market.
Easy Money Policy of FRB(Federal Reserve Board)
In the housing industry of USA formed mortgage-system, the interest-rate is the factor that decide market price and adjust the demand and supply of the housing market, and also is main channel of currency policy.
After 『dot-com
excess liquidity and bubble economy caused by cheap money policy
-IT bubble collapse and recession caused by 911
-explosive increase of housing loan caused by low interest policy
-ultra low interest → excess liquidity → bubble economy
Sub-prime and collapse of housing bubble
home mortgage raised spending but created consumer debt
housing boom turn into bubble
default on mor
housing prices began surging in 2006, the State Council published six regulative measures in May to adjust the structure of residence supply, focusing on the development of medium and small houses to satisfy the demand of ordinary buyers. These policies were aimed to stabilize the housing price and not to reduce it. Despite the measures, because of China’s fast growing economy and the high depo