Abstract
A rent subsidy system, established by ministerial ordinance, has been implemented in many Superior Quality Rental Housing for Elderly People (SQREP). Using data on the contractual rent amount and the subsidized rent amount as well as interviews with officers of local governments and housing corporations, this research tries to clarify the problems and improvements needed in the subsidy system. This paper shows (i) the system does not consider the site location factor (ii) since the amount of subsidy is high in some of the SQRHEP, there is a risk of some residents being forced to move out when the subsidy period ends (iii) some local governments are shifting to original systems which can reflect the site location factors.
