There is a prospect that “real estate will seize the controversy” in politics over the by-election of the mayor of Seoul on the 4th and 7th day, which has come within two months. It is because there are few issues that are as explosive as the problem of my home in the election, and public opinion against the soaring home prices has not subsided. According to the Real Meter public opinion poll released on the 8th (a survey of 500 adults nationwide on the 5th, refer to the website of the Central Election Survey and Deliberation Committee for more information), the government’s real estate measures on February 4th “will not help. The answer “will be helpful” (41.7%) was 53.1%.
An official of the People’s Power said, “Unlike Corona 19, where there are many variables such as vaccinations and the number of confirmed cases, the real estate situation is a guarantee that clearly shows the reality of the Moon Jae-in government.” The opposition Seoul mayoral candidates are also working hard to come up with real estate pledges that will stimulate voters’ votes and anti-munion sentiment.
安 “Supply 740,000 units for 5 years… Youth housing deposit free”

Ahn Cheol-soo, the president of the National Assembly Party, who was elected as a candidate for the mayor of Seoul, visits the Hannam 3 reorganization promotion zone (Hannam 3 district) in Hannam-dong, Seoul on the 8th and looks at old multi-family and multi-family houses. Reporter Oh Jong-taek
Ahn Cheol-soo, head of the National Assembly Party, pledged to supply 746,000 houses for five years.
Representative Ahn’s housing policy focused specifically on targeting young people. It has announced that it will supply 100,000 youth rental housing for low-income youth and replace it with guarantee insurance. In addition, he said that it would give newlyweds the right to move in first, and also guarantee the ’10 years’ right to move in. The youth housing site is a plan to utilize the upper space (50,000 units) created by the undergroundization of national railways and trains, and the site of municipal land and old government buildings (50,000 units).
Aimed at voters in their 30s and 60s, it said that it would supply 400,000 units by utilizing the station area and the site relocated to public institutions. In addition, Ahn promised to introduce a’deferral system’ that delays the payment of comprehensive real estate tax (deferred tax) until the sale of houses.
Na Gyeong-won “700,000 units in 10 years… 900 million → 1.2 billion for high-priced housing”

Former lawmaker Na Gyeong-won, a preliminary candidate for the mayor of Seoul, visits Eunma Apartment in Daechi-dong, Gangnam-gu, Seoul on the afternoon of the 27th of last month to look at the old facilities. Central photo
The power of the people Na Kyung-won’s real estate pledge can be summarized as’won·the·full’ (meaning that we will build more places where we want and release regulations). The’property tax diet’ is on the forefront of the seven real estate pledges made by former lawmakers. The intention is to ease the standard for expensive housing from 900 million won to 1.2 billion won, and to stop the tax bomb by freezing the official price to 70% of the actual transaction price. In addition, former lawmaker Na said that he would reduce property tax by 50% for one homeowner with a public price of 1.2 billion won or less.
The house promised to supply 700,000 units for 10 years, 70,000 units annually. Private 400,000 units, 200,000 public rental houses, and 100,000 houses for newlyweds.
It has also made an unprecedented pledge to provide subsidies of up to 117 million won for nine years if married or giving birth in Seoul. It is said that it will provide 45 million won for marriage and an additional 45 million won for childbirth, and the city will pay loan interest for three years (about 27 million won) to reduce the burden of preparing a home.
Se-Hoon Oh “Abolition of 7-story height regulation will save the building economy”

Seoul Mayor Oh Se-hoon, a preliminary candidate, is listening to an explanation of local real estate at the office of a real estate agent in the shopping district of Sanggye Jugong 9, Nowon-gu, Seoul. Reporter Oh Jong-taek
Former Seoul Mayor Oh Se-hoon, emphasizing that “real estate is more important than numbers,” came out with a pledge to supply 360,000 houses over five years.
Mayor Oh considered 185,000 houses that could be supplied through normalization of redevelopment and reconstruction out of 360,000, and 75,000 houses that could be secured by pursuing the existing Seoul supply plan. The remaining 100,000 units are planned to be supplied as win-win housing (70,000 units) and Moa housing (30,000 units). Win-win housing is a system in which private land neglected in the city center is developed, and then rental housing and long-term rental housing are provided. Moa Housing is a type of reconstruction project that encourages landlords to develop jointly by increasing the floor area ratio of housing complexes with poor environment.
Mayor Oh also made a pledge to temporarily remove the ‘7-story height regulation’ in the type 2 general residential area. It is the logic that supply and construction business will live by itself if you induce the construction of high-rise buildings with high economic efficiency in the area.
Eunhee Cho “650,000 units” Oh Hwan Oh “Half and Half Apartment” Taeseop Geum “Redevelopment”
Seocho-gu mayor Cho Eun-hee is advocating a’real estate sunshine policy’. It pledged to supply 650,000 units over five years. Seoul announced that it will redevelop 393 maintenance zones in Seoul to supply 350,000 units, and to supply 200,000 units by removing the regulation on the 35th floor of apartment reconstruction. In addition, they said they would build 100,000 youth housing units, but if newlyweds without homes pay 20-30% of the pre-sale price, the rest are repaid for a long period of time for 30 years.
Former Congressman Shin-Hwan Shin is trying to differentiate himself, saying, “I will not come up with an unrealistic supply promise.” Instead, Congressman Oh made a pledge of’repurchase conditional half and half apartment’. After supplying the apartment at half the price, it will guarantee half of the profit margin when reselling it to Seoul. It plans to build half-and-half apartments at Yongsan Camp Kim, Taereung Golf Course, Sangam LH, and Magok SH sites.
Former lawmaker Tae-seop Geum, who is independent of the company, said, “I will take a breather in real estate through rapid redevelopment instead of irreplaceable new supply.” By collecting opinions from residents of the canceled maintenance zone, it made a pledge of’Seoul-style public redevelopment’ to redevelopment led by the private sector. It plans to redeem some of the excess profits generated in this process and use it for improvement of residential housing. “The redevelopment alone can supply about 250,000 units,” said Moe Jeon.
Reporter Son Kook-hee [email protected]