South Korea implied a wide rage of policy interventions on the housing market in the economic boom period.Between 1960s and 1980s，a government-led housing supply model gradually established，and the housing demand-control system characterized by the strict limitation of housing purchase and price began to be taken in the late 1970s.Meanwhile，South Korean government put more efforts on the state support to public housing supply by establishing a central government-led housing public support system.Korean housing policies had a profound influence on housing market，prompted the rapid growth of housing supply since the mid-1980s，improved the living conditions of residents，and greatly facilitated the process of living urbanization.However，excessive interventions in housing supply also caused a distortion of price signals，leading to the structural imbalance of housing supply in the end of economic growth period.South Korea’s successes and failures on housing policies have important reference meanings to China where are experiencing rapid urbanization.