[文대통령 신년회견] Real estate policy failure again acknowledged… Forecast of major changes in economic policy

“Generation surge… Eventually, real estate stabilization did not succeed.”
Passport and profit sharing system and 4th disaster support fund

President Moon Jae-in is speaking at a New Year’s press conference held at the Blue House Chunchu Hall on the 18th. [사진=연합뉴스]

President Moon Jae-in said on the 18th that, in relation to the government’s real estate countermeasures, “while we have focused on real estate speculation (control), we have not succeeded in stabilizing real estate in the end.”

President Moon said at a New Year’s press conference held at the Cheongwadae Chunchugwan on the same day, “The real estate problem is that the Korean government has increased the supply of housing more than the previous government. He said this. <관련 기사 2·4면>

President Moon’s answer came in the process of explaining the point that the social disparity was widened due to the surge in housing prices. He admitted the failure of real estate policy, which focused only on suppressing speculation. President Moon predicted a flexible change in economic policy, such as drawing a line about the introduction of the benefit-sharing system and the payment of the 4th disaster support fund raised in his passport.

President Moon cited the surge in the number of households as the cause of the failure of the real estate policy. President Moon said, “Even though our population declined last year, a whopping 610,000 households increased, and an unscheduled increase in the number of households.” As a result, I think that there is also a side where the shortage of supply has fueled the rise in real estate prices.

“The government is trying to come up with special measures in the supply of real estate while maintaining the existing stance to curb speculation.” “For that measure, the Ministry of Land, Infrastructure and Transport is making plans in the future, and the new Minister of Land, Infrastructure and Transport, I plan to announce it.”

In addition, President Moon shared the idea that the benefit-sharing system proposed by the Democratic Party’s representative Lee Nak-yeon should be done voluntarily by the private sector while sympathizing with the idea.

President Moon said, “I think it would be very good if such companies that make money in the situation of a new coronavirus infection (Corona 19) could create funds to help small businessmen, self-employed people, and the vulnerable to employment suffering from the coronavirus.” The premise is that the government cannot enforce it by institutionalizing it.”

Regarding the 4th disaster subsidy, “If the 4th disaster subsidy is paid, it is inevitably made an additional correction budget (additional budget) and there is no choice but to issue government bonds. “It’s really too early to talk about the second disaster subsidy,” he dismissed, saying, “I don’t think it’s time to discuss.


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