Oh Sehoon Pledges Youth Housing and AI Access Support: "A Happier Seoul for Young People"

Comprehensive Youth Policy Announced on May 29
10,000 Units of "Seoul-style Saessak One-room" to Be Supplied

Oh Se-hoon, the People Power Party's candidate for Seoul Mayor, has pledged to supply 10,000 units of "Seoul-style Seedling One-Rooms" and expand support for youth monthly rent and deposit assistance.

Oh Se-hoon, the People Power Party's candidate for Seoul Mayor, is speaking at a press conference held on May 28, 2026, at the election campaign office in Jongno-gu, Seoul. Photo by Kim Hyun-min

On May 29, Oh announced a comprehensive youth policy package containing these measures.

First, the city will supply 10,000 units of "Seoul-style Seedling One-Rooms" near university areas. Under this scheme, Seoul Housing & Communities Corporation (SH) will contract with landlords and then sublease the units to freshmen. Incoming young residents will receive interest-free loans for deposits of up to 30 million won, effectively reducing their monthly rent by about 100,000 won compared to market rates. For landlords, the city will support facility improvement costs to enhance residential satisfaction.

The city will also significantly expand monthly rent and deposit support for 42,000 young people each year. The duration of monthly rent support will be extended from the current 10 months to 12 months. The eligibility pool will be widened to include single-parent families, victims of jeonse (long-term rental deposit) scams, childless newlywed couples, and residents of youth guaranteed housing. In addition, even those who do not qualify for monthly rent support will receive up to 80,000 won per month in maintenance fees for up to 12 months.

Alongside these measures, the city will introduce a "three-step zero risk of jeonse scams" system, which includes a pre-contract diagnostic platform, an "Anshim Manager" (a certified realtor) accompanying tenants during contract signing, and 100% support for return guarantee fees for vulnerable groups after the contract is signed.

The "Seoul Nae Jip" (My Home in Seoul) policy for share-type housing, targeting young people without homes (ages 19 to 39), was also mentioned. Under this policy, if a qualified youth chooses a property in Seoul priced at 1.2 billion won or less (the median Seoul housing price), SH will purchase it and supply it as a co-ownership model. The resident pays only 20% of the initial home price to secure a 20% stake, while SH covers the remaining 80%. The decision-making authority to buy or sell the property rests with the young resident.

Oh plans to supply at least 2,000 units of "Seoul Nae Jip" each year, for a total of over 8,000 units over four years. Funding will be provided by creating a "Development Profit Youth Asset Fund," which utilizes public contributions secured through large-scale development projects.

Additionally, public applications will be accepted from 500,000 young people in Seoul—including job seekers, university students, startup freelancers, isolated and withdrawn youth, and those preparing for independence—to provide public artificial intelligence (AI) accounts and access rights. The city also plans to establish robust AI access environments at public libraries, youth centers, universities, and other relevant institutions.

Oh stated, “This is a comprehensive gift set that will definitely reduce painful everyday expenses such as housing and transportation, while opening doors of opportunity for young people to confidently prepare for the AI era and the future ahead. Seoul City will be the most reliable companion on the journey for 10 million young Seoulites to achieve economic independence and pursue their social dreams, ultimately making Seoul a ‘Special City for Quality of Life’ where youth are truly happy.”

This content was produced with the assistance of AI translation services.