Best Ideas 2022 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

House-Sharing Project

Stage of Idea idea offered for implementation by others

Explain your idea in details:

We will take a new perspective on the Korean-style house-sharing and explore the systematic development of the house-sharing system to create the image of the house-sharing we draw. First of all, there is the biggest problem with the house-sharing system in Korea, most of which are derived from 'individual share house operation'. Why are we crazy about house-sharing? This is because it can guarantee residential spaces and human relationships while having a good and systematic system, and obtain the biggest advantage, "economic benefits." However, house-sharing in Korea is not taking advantage of this great advantage. The first problem derived from an individual operation is the secondary rental problem leading to building owners -> landlords -> secondary renters -> real residents. Through this second lease, the economic benefits that sharehouse tenants can enjoy will gradually decrease, which comes as a big blow. There are other problems that arise as individuals operate. The most important thing in community life such as sharehouses is rules and management, and sharehouses run by individuals do not set rules properly, let alone outsource cleaning, and leave them unattended even if conflicts arise between residents. This disorganized system maximizes the disadvantages of share houses. We decided to introduce a share house managed by a specific company to solve this system contradiction. Currently, there are few bills or specific attempts related to sharing houses, and accordingly, the movement of the share house market is very passive in Korea. Share houses run by social enterprises will arouse the introduction of a clear systematic system, and interest in share houses, their demand and supply will increase at the same time, and share houses will quickly become major residential projects. Such sharehouses could become the best solution for young people in Korea, where housing problems are deepening.

Read More

Expected impact of your idea on sustainable development

UN SDGs: Goals 11 (sustainable cities and communities), Goals 8 (affordable work and economic growth) As mentioned earlier, the supply of share houses can be a good solution for young people suffering from monthly rent and deposits and can be expected to see a significant increase in supply and demand as they move from individuals to corporations. This has a significant impact on young people who should be the main players in the nation's economic growth, so if the system is established in the Seoul metropolitan area, it could have a significant impact on Korea's economic growth.

Read More

Plans for implementation and sustainability

The biggest help needed to expand the sharehouse business is state support. As mentioned earlier, the bill on share houses has not been clearly made in Korea, and accordingly, people's and business interests have fallen a lot. However, if companies start with the revision of the bill, it could be easier to expand the business. As mentioned earlier, changing the operating structure from individual to corporation will naturally increase its efficiency and interest, and it would be perfect if the state pays attention to the problem and does not spare active support. Sharehouse will be able to become a major residential area in Korea with full support and interest, and it is expected that the expansion of the sharehouse market in Korea will naturally follow.

Read More

Your profile

I'm from Korea, and I'm SeongNam Foreign high school student. I'm 17 years old. Currently, the seriousness of the problem was recognized as the problem intensified due to the housing supply problem of the young generation derived from the extreme rural trend and the soaring housing prices. Considering the current situation, I thought it would be more realistic to solve the housing shortage and housing price problem by coming up with other alternatives rather than solving the Ichonhyangdo problem, and I thought it would be a realistic alternative to the metropolitan area with a systematic system.

Read More

Location Map

Post a comment


September 15, 2022 08:29

Hello SeongNam, Kudos on taking steps towards making a change in your country. I believe that if every other person thinks and act like you, then the bill will be passed in no time by the state. I would advise you to write a petition and get others in your state and community to sign, so that your voices would be heard and the bill would be passed.