THIS STUDY IS BASED ON THEORETICAL ASSUMPTION THAT AN ANALOGY OF POPULATION STRUCTURE, CULTURE AND SO ON EXISTS BETWEEN SOUTH KOREA AND JAPAN. TIME-GAP OF 25 YEARS ON POPULATION STRUCTURE EXIST BETWEEN SOUTH KOREA AND JAPAN. BUT WE HAVE FOUND THAT TIME-GAP EXIST NOT ONLY ON POPULATION STRUCTURE BUT ALSO ON HOUSING CONDITION. IT IS FINAL PURPOSE OF THIS STUDY THAT WE FORECAST HOUSING DEMAND AND SUGGEST A HOUSING POLICY WITH ANALYZING OF CHANGED AND CHANGING POPULATION STRUCTURE OF SOUTH KOREA.