[단독] The public price of the sister-in-law in Yangsan, who lived before President Wen took office, fell 11.1%

Input 2021.03.16 14:08 | Revision 2021.03.16 15:01

Disclosure of sister-in-law who lived at 7.9 billion won in 2009 is 2.9 billion won in 2020
About 10% decline from the previous year… “It seems to reflect the location in the mountains”

The official price of the sister’s residence in Maegok-dong, Yangsan-si, Gyeongnam, where he lived before President Moon Jae-in took office, recorded 295 million won in 2020, down 37 million won (11.1%) from the previous year (2019).

According to the Gyeongsangnam-do real estate information inquiry system, the official price of the sister’s residence in Maegok-dong was 274 million won in 2016, 290 million won in 2017, 318 million won in 2018, and 322 million won in 2019. However, the official price in 2020 was 295 million won, returning to the level in 2017, before Moon took office. This year’s public price is expected to be announced at the end of May.

According to the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system, President Moon purchased this detached house in January 2009 for 79493 million won. The current quoted price has fallen to less than half of the purchase price.

The published price of a detached house is determined by the head of the mayor, county, or district based on the standard single house price determined and publicly announced by the Minister of Land, Infrastructure, and Transport against the characteristics of individual houses. In this process, it is verified by the Korea Real Estate Agency and goes through a process of collecting homeowners’ opinions.

Regarding the reason why President Moon’s official residence in Maegok-dong fell, an official during mass production said, “To calculate the official price for individual houses, you must go through the verification procedure of the Korea Real Estate Agency. So I adjusted it.”

In fact, the quoted prices of nearby detached houses, which became the standard for calculating the quoted prices for the sisters’ residence in Maegok-dong, Yangsan, also rose in 2020. According to the Ministry of Land, Infrastructure and Transport, there are a total of 6 Maegok-dong houses with publicly disclosed standard single-family housing prices, which are the basis for calculating the official prices for sisters in Maegok-dong. The official price of a detached house at 528 Maegok-dong rose 12.5% ​​from 120 million won in 2019 to 126 million won in 2020. The other five houses, including 366, 460, 473, 542, and 813-8, also rose 2-12% in Maegok-dong.

For this reason, it is analyzed that the drop in the official price of President Moon’s sister-in-law was influenced by the location conditions in the mountains. Yangsan’s Maegok-dong sister’s residence is in the mountains.

The published real estate price is used as a basis for calculating various public contributions such as health insurance premiums, as well as possession taxes such as property tax and comprehensive real estate tax of the owner.

Nevertheless, the property tax levied on the sisters’ residence in Maegok-dong was not significantly reduced, the explanation at Yangsan City. An official from Yangsan City said, “The property tax for the sister-in-law of Yangsan Maegok-dong of President Moon has decreased by 2040 won from 36,2260 won in 2019 to 362,220 won in 2020.”