Hong Nam-gi “Inducement to sell multi-homed people”
“No review” in the policy transition airflow
As real estate prices continued to rise despite strong regulations last year, deregulation flows are being detected by the ruling party and some of the government. Opinions are raised among the ruling party lawmakers to temporarily ease the capital gains tax for multi-homed people. The pre-sale price ceiling system is changing to the principle of refraining from applying the system to the extent that it adversely affects the supply of housing.
“( It is also an important supply policy for those who have 3 or 4 houses to put out their sale.”
The government strengthened the capital gains tax rate for multi-homed people to a maximum of 72% through the July 10 real estate measures last year, and instead delayed its implementation until June 1 this year. The message was for multi-homed people to sell their homes by the end of May, before the transfer tax was strengthened. However, as many of the multi-homed people went into’holding up’ or turned to donations, there weren’t many products that actually came out and there was no effect of stabilizing house prices. Accordingly, it is interpreted that Deputy Prime Minister Hong’s new mention of inducing the sale of multi-homed people is turning to a carrot book such as easing the transfer tax.
However, neither the government nor the ruling party is at the stage of official mention. In addition, a key official of the Democratic Party said, “If the exit is blocked (by the strengthening of the transfer tax), and the (quantity) cannot be released, it is necessary to drill a hole.” An official from the Ministry of Science and Technology said, “We are not reviewing the mitigation (at a practical level) when measures to strengthen the transfer tax have not even been implemented.”
Reporter Sejong and Lim Joo-hyung [email protected]
Reporter Kim Min-do, Seoul [email protected]