“What is a house for me?” “Interview House” started with this question.
A product with investment value, a space where I live. In the meantime, I would like to tell you an honest story about a house that you may be wandering about. Buying an apartment that is worth climbing is not a bad thing. It wouldn’t be a sin to make money with it. But it won’t be the absolute good that everyone should pursue.
I am not trying to give an answer through an article. I have no intention of judging who is right or wrong. The purpose is to listen to and share stories about the space each person wants through interviews with various people.
I hope this will be an opportunity for people reading this to think about the house I want. Interviews try to meet and hear as many different people as possible from age, profession, education, region, etc. If you would like to share your opinion, or if you would like to recommend someone around me, please contact us by email. I will visit you in person.
Professor Hyun-Joon Yoo of Hongik University is known as an expert who emphasizes’the importance of space and communication’. He is an architect who values a house where you can communicate with your family and a house where memories can be accumulated. But I think we should recognize the house as a commodity worth the investment. He thinks that real estate can’t ignore the reality that most of the assets are.
He also said that a supply policy based on the market economy is needed so that people who want to buy a house can live. His diagnosis is that the current real estate policy increasingly deprives young people of the opportunity to buy a house. “Youth rental housing is a policy to make 2030 households poor forever,” he advised. “Youth should move politicians to make policies that allow them to own houses.”
Prof. Yoo said in an interview at the Korea Economic Daily Building on the 2nd that he wanted to live in a city, saying, “I think I’m going to live in the countryside after seeing my emphasizing space.” He defined himself as “not a person who can be self-sufficient while staying at home.” Instead, he said, “I want to have both things that I can see other people and feel quiet when I enter my house after being in a crowded city.”
The place he wants to live is in Gangnam, Seoul. This is because it is an area with various amenities such as subway, cafe, and theater. It was said that the demand for investment in Gangnam was natural. He said that people these days also understand buying a house for investment. He said, “A lot of the assets we have are real estate, and of course we have to think about investing in it.” Said.
It was analyzed that preference for apartments was a natural outcome in the current situation. Prof. Yu said, “Our apartments have started to function as currency, and they have good currency,” he said. “Because the investment value has improved, everyone wants to buy an apartment in the past.”
He suggested that in order to solve this problem, even if a building in the form of collective housing is built, a method of increasing diversity within it should be pursued. For example, suppose you are building a 3,000-family apartment. Now, a construction company works with a design office. This is the reason why the same house is inevitable for each level. Professor Yoo emphasized the need to split this and give work to several design offices and induce each to build a unique apartment.
“Of course, to balance the entire complex, the master plan of how many floors are built should be made in one place. But if you divide the entire project into 10 and work in different design offices, different floor plans come out and facade materials, etc. It will be diversified. Even with the same 30 pyeong apartment in the same complex, the shape and value will come out differently and you can get diversity.”
He analyzed that Korea has achieved a spatial revolution through two technological revolutions. The first is the spatial revolution through apartments in the 1970s. The advantage of apartments was that they made the void into real estate assets, and thereby raised the middle class. Like the Joseon Dynasty, living on the first floor has low density, and empty spaces are inevitably useless. However, when they started building apartments in the city, they piled up one by one on a single piece of land, turning the air into real estate. Prof. Yoo explained, “It lowered the price and created an opportunity for people to become middle class,” he said. “I think it is a tool that made everyone a landlord.”
The second is the big bang of the virtual space through the Internet revolution in the 1990s. And he explained that these two spatial revolutions resulted in two kinds of rich people. “If a space is provided through the technological revolution, new wealth is created through the space, and the lower class or young people who could not have an opportunity can climb the ladder of wealth. The task of the state is to create a new space through such technological revolution. Will.”
He said that the reason why the current 2030 youth’s housing problem is taken seriously is that this virtuous cycle has been broken. Prof. Yu said, “Apart from being young, young friends are all at a disadvantage in terms of connections and assets,” he said. “The only advantage is that they can get in touch with new technologies well, but I think we are neglecting to develop those technologies.”
He advised the 20s and 30s to move a politician to the 20s and 30s, who are frustrated that they will not be able to buy a house this time. It is explained that the policy makers must be moved to create a policy that allows young people in their 20s to 30s to own houses. He also said that he should not support people who want to make rental housing for youth. Prof. Yoo criticized that “youth rental housing is a policy aimed at making 2030 generations poor forever.” This is because when the economy grows, the price of the house is bound to rise. He criticized, “It makes no sense for the government to drop real estate prices while saying that it will achieve economic growth in the 2~3% range.”
It is not that they do not agree with the necessity of rental housing. He said that rental housing for people in need should be provided. However, it is explained that more supplies are needed for those who want their own home rather than rental housing. He advised that “the middle class needs to actively supply housing suitable for the market economy,” and “to go two-track.”
◆We must boldly loosen regulations and increase supply
He said there are many places in Seoul to supply new housing. “Almost every land where multi-family houses are built has an opportunity,” he said. The problem is the explanation of the laws and regulations that remained in the 1970s and 80s. Prof. Yu said, “The Korean parking law requires parking in your own parcel, but in the end, you have to put the piloti parking lot on the first floor.” It’s made with the first floor so people can walk around,” he said.
However, he said that he did not recommend a method of building an apartment complex by pushing out existing buildings as if creating a new town in Eunpyeong-gu. What he emphasizes in the development of Gangbuk is to maintain the pattern of alleyways. He said it was more important to preserve the shape of the alleys they created rather than protecting each house or building.
It was suggested that it was necessary to drastically increase the floor area ratio and building-to-land ratio for reconstruction. For example, during the Joseon Dynasty, only one-story buildings were built. Hanyang was a city full of 150,000 people. However, houses with more than two stories began to appear through reinforced concrete, and they grew into 10 million cities through apartments. Prof. Yu said, “In the past, I had no resistance to increasing the floor area ratio in that way, but now I seem to stick to the space made in the style of the 1970s~80s.” “He said.
Reporter Kang Young-yeon [email protected]