“I will continue to announce the housing supply plan to catch the house price”
“If the house price does not go up, the burden of repaying the principal and interest will increase”
Minister of Land, Infrastructure and Transport Byun Chang-heum responds to inquiries by attending the general meeting of the Land Transport Commission held at the National Assembly in Yeouido, Seoul on the 22nd. Photo = News 1
Minister of Land, Infrastructure and Transport Byun Chang-heum (photo) also argued, “Now is not the time to buy a house because it is unreasonable.” After the announcement of the 2nd and 4th real estate countermeasures, Minister Byeon Chang-heum has publicly issued such a message several times.
Minister Byeon Chang-heum appeared on News1 TV on the 25th and said, “The reason that you buy a house because your apartment is 900 million won in Seoul is because you think the house price will rise more than the interest burden and it will be more difficult to buy a house.” “If only the amount of the principal and interest repayment burden increases, it is a wrong choice.”
“We will continue to publish housing plans so that we can be sure that (homeless) don’t need to buy an apartment right now, and we will focus on the fact that the housing is the one we supply in the near future.”
Minister Byun Chang-heum mentioned the 2·4 supply plan and said, “This measure strongly reflects that housing can be supplied inexpensively in the city center in the future and that consumers can choose themselves.” We will relieve the anxiety of having to buy it.”
After the announcement of the measures, he amplified that the price index announced by the Real Estate Agency and the rate of increase in apartment prices and rental prices of KB Kookmin Bank and Real Estate 114 declined for three consecutive weeks.
Regarding the public housing district announced this time, Minister Byeon said, “We have chosen an area not far from the city center where it is possible to connect the metropolitan transportation network, railroad network, and roads as a location.” “I hope that it will be done,” he said. “The local governments, politicians, and residents requested regions first.”
On the 24th, the Ministry of Land, Infrastructure and Transport followed up on the ‘3080+ public-led, metropolitan area housing supply remarkable expansion plan’. 10,000㎡) was selected as a new public housing site. It corresponds to 101,000 households out of the 250,000 households promised by the government.
When asked if there is a favorite real estate YouTube, “I know that some people rate me severely, but first I look at several to hear the voice of the market.” “Because famous people have hundreds of thousands of views (through benchmarking) I will see it whenever I have a chance so that I can announce a policy that can breathe well to the public.”
He said, “The housing problem has many factors such as low interest rates, liquidity, income and household growth, but many of them are psychological.” I look forward to gathering the wisdom to do it.”
The Moon Jae-in administration’s 25th real estate countermeasure, the 2nd and 4th real estate countermeasures, is a plan to maximize public intervention and secure a site capable of supplying 836,000 houses nationwide, including 323,000 units in Seoul alone, by 2025. In terms of supply scale alone, it is the largest in the current government.
However, Minister Byeon Chang-heum was accused of the opposition party on the 22nd, saying that there was no target for’supply time’ in relation to the 2·4 real estate countermeasures.
Reporter Kim Myung-il, Hankyung.com [email protected]