Seoul lifts housing limits to help tackle birth rate (KoreaHerald/9 Aug 2024)

The Korea Herald reports that Seoul plans on easing greenbelt development restrictions to address the city's housing needs, particularly for newlyweds, as part of efforts to tackle South Korea's low birth rate. By lifting restrictions in ecologically less valuable areas, the city aims to provide affordable housing for young couples, addressing population decline due to low birth rates. This initiative is part of a broader strategy to stabilize the housing market and support future generations.