SEOUL, Feb. 13 (Korea Bizwire) – Nowon District in Seoul will pursue a “room-sharing” project in which seniors and college students in the region share residential spaces to mark the new semester.
The new housing-sharing project will involve seniors with additional space in their residence providing rooms for college students at a low cost and students in return paying a small amount of rent and helping out around the house.
The applicants include those aged 60 or older who own homes in the area and those who attend six universities in the region, including Kwangwoon University and Sahmyook University.
The leases are for six months. The monthly rental fee is less than 300,000 won (US$253) without a deposit, which is cheaper than market prices in the area.
Other factors such as lease periods and rent, electricity charges and water taxes can be agreed upon in consideration of housing conditions and traffic conditions.
If necessary, the district will replace interior decorating, flooring and lighting fixtures up to a maximum of 1 million won.
In addition, college students will be provided with free items such as beds, desks, chairs and cupboards donated from recycling centers.
Ashley Song (email@example.com)