There is so little green space around Seoul as it is and it appears there may soon be even less:
The Korean government is mulling the option of developing regions in Seoul designated as greenbelt areas to increase apartment supply in the city.
According to local media reports in Korea, the Ministry of Land, Transport and Infrastructure is looking into securing land in Seoul that could be developed into residential areas. Options on the table for the Land Ministry includes greenbelt areas with relatively less conservation value compared to other areas as well as abandoned land in the city.
Greenbelt zones are protected areas of land where building is not permitted to protect the environment.
Lawmakers and top officials, including ruling Democratic Party Chairman Lee Hae-chan and Blue House policy chief Jang Ha-sung, have said that the government wants to significantly increase the supply of apartments in Seoul. The stance indicates an about-face in the government’s real estate policy.
As recently as last week, top officials, including Land Minister Kim Hyun-mee, said that the supply of housing in Korea is sufficient. Up until now, government measures focused on tight control over speculation on existing apartments. [Joong Ang Ilbo]
You can read more at the link, but does anyone still think that all of Yongsan Garrison once it is vacated will become a city park?







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