Housing

House-for-Pension Plan (老人抵押自住房银行付养老金)

This programme aims to ease the burden on the elderly in an ageing society where people have fewer or no children. Under the programme, an older person who owns a property could deed the house to an insurance company or bank, which would determine the value of the property and the applicant's life expectancy, and pay out a fixed amount of money (pension) every month.

Elderly Tower (노인탑)

Two graduate students, Matthew Abbott & Ryan Bloom, participated in a building design competition "Tall and Green" sponsored by the Council on Tall Buildings and Urban Habitat (CTBUH), based in Seoul. The "Elderly Tower" seeks to create a vertical residential community for older persons, bound together by a programme of recreational and leisure pursuits. The residential building accommodates many of the activities enjoyed by the elderly, in an environment which challenges the traditional high-rise typology.

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