Kim Kyung-hwan of Korea Housing Finance Corporation: "Strengthening an Inclusive Housing Finance System With No Generational or Regional Exclusion"

Kim Kyung-hwan, President of Korea Housing Finance Corporation, has announced plans to strengthen an inclusive housing finance system covering all generations and regions in response to demographic changes.

On September 4, at the '2026 International Housing Finance Conference' held at the Bankers Club in Myeong-dong, Seoul, President Kim stated, "As the population structure changes, we will work to reinforce an inclusive and sustainable housing finance system that ensures no particular generation or region is marginalized." He also expressed hopes that "this conference will serve as a meaningful occasion for Asian countries to jointly seek wisdom and solutions to address demographic shifts."

The conference, co-hosted by Korea Housing Finance Corporation and the Japan Housing Finance Agency, was attended by housing finance experts from across Asia, including Korea, Japan, Malaysia, and the Philippines. Under the theme of "Demographic Changes and the Future of Housing Finance," participants discussed the role of housing finance in addressing aging populations and shifting household structures.

Jeon Yo-seop, Director General of the Financial Policy Bureau at the Financial Services Commission, said in his congratulatory remarks, "We must focus on the stability of the housing and financial markets and provide housing finance tailored to different life stages in response to a changing environment." He stressed the need to "direct limited financial resources where they are most needed and broaden the vision of housing finance to encompass residential stability throughout all life stages."

In his keynote speech, Professor Jo Man from KDI and Sogang University suggested that, to respond to low birth rates and an aging population, it is necessary to expand means of supplementing retirement income, such as housing pensions, and to strengthen the role of policy finance in providing residential stability tailored to each stage of life. He also suggested that public institutions like Korea Housing Finance Corporation should take the lead in providing customized housing finance services by adopting fintech mortgage solutions based on big data and artificial intelligence (AI).

The presentations that followed highlighted key tasks, such as increasing the supply of long-term public rental housing for young people, supporting the securitization of housing assets for seniors, and creating systems to allow for the adjustment of housing size and debt levels before retirement. Case studies from Japan were also shared, including the development of a cyclical housing market, the utilization of vacant homes, and the creation of residential environments tailored to single elderly households.

Prior to the conference, President Kim signed a Memorandum of Cooperation (MOC) with the Japan Housing Finance Agency to promote the development of the housing finance markets and policies of both countries. President Kim stated, "Since Korea and Japan are experiencing similar demographic changes, sharing our experiences will greatly help us to effectively address these challenges." The two institutions plan to expand the scope of their cooperation going forward, including policy consultations and personnel exchanges in the field of housing finance.

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