
▲ Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance (Photo provided by Ministry of Strategy and Finance)
Deputy Prime Minister Hong Nam-gi and Minister of Strategy and Finance said in a rumor to the public announced at the Seoul Government Complex on the 7th that the Korean Land and Housing Corporation (LH) employees’ suspicion of land speculation in the new city, “The government will not undermine trust in real estate policies. He said, “We will continue to move forward without shaking,” he said. “We will certainly push ahead with housing supply measures such as the 2nd and 4th measures,” he said.
Deputy Prime Minister Hong said, “The real estate market is showing signs of a decline in the rise of sales and jeonse prices after the announcement of the ‘3080+ housing supply measures’ (2 and 4 measures) on February 4. Is the real estate market stabilized or returns to an unstable situation? He said, “I am sorry and afraid that this situation will undermine the government’s policy will and authenticity, which has been devoting all its policy capabilities to stabilize the real estate market.”
“In March, we plan to disclose the 2nd and 4th countermeasure candidates selected in consultation with local governments and the 2nd public redevelopment candidate site according to the 8th and 4th countermeasures last year.” We will make every effort to prepare in advance so that there is no fear of speculation,” he added.
In addition, Deputy Prime Minister Hong said, “In June, we will start recruiting tenants for the public jeonse housing newly introduced in November last year, and in July we will begin pre-subscribing to the third new city.” The candidates will also be announced. Until the belief in expanding housing supply is firmly established, we will thoroughly check and take care of all these processes,” he promised.