[사설] Real estate policies such as transfer tax, how long will it go against the will of the people?

A public opinion poll found that half out of 10 people in favor of easing the capital gains tax on real estate. As a result of a survey of 500 people nationwide by Real Meter, 50.1% responded that they’approve’ to the claim that the heavy taxation of the transfer tax on multi-homeowners should be temporarily reduced or abolished. They agreed with the claim to increase the price of a house by easing the transfer tax. The government and the ruling party recently drew a line saying “there is no plan to review” the easing of the transfer tax for multi-homed people, but the public saw that it was necessary to ease the transfer tax.

For the current government, the rise in house and rent prices to the ceiling was largely due to policies that were far from reality. The cause of the failure was to come up with a policy to win the market instead of the policy the market wanted. Anxiety cannot be calmed without boldly revising anti-market real estate regulations and listening to market voices.

President Moon Jae-in admitted that real estate stabilization had not been successful at a New Year’s press conference on the 18th, and said he was unable to predict an increase in demand for housing due to an increase in the number of households. He said, “We will alleviate public anxiety about the shortage of supply by specially increasing the supply of real estate to far exceed the level expected by the market.” President Moon also said he would come up with a’special supply plan’ before the Lunar New Year. However, the market is skeptical about public redevelopment, station area development, and new housing site development being prepared by the Ministry of Land, Infrastructure and Transport. It is said that there is a lack of incentives to participate in the private sector due to the weight of `public initiative`. Despite this situation, the government suddenly held a pan-government joint briefing on the 18th in which all real estate policy related agencies participated. It has only been reviewing the status of the real estate policy implementation so far, and there has been no talk about the policy direction change. It is questionable whether such a place was necessary in the yard where Deputy Prime Minister Hong Nam-ki is holding a meeting of related ministers to inspect the real estate market every two to three weeks.

In order for the’special supply measures’ to meet market expectations, the government must come up with measures to resolve the supply shortage accepted by citizens, including the easing of the transfer tax. It should be borne in mind that it is difficult to gain trust through policies that deviate from the will of the people.
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]