On the morning of the 10th, a seedling was planted on a land in Gwarim-dong, Siheung-si, Gyeonggi-do, where some of the employees of Korea Land and Housing Corporation raised suspicion of speculation on the land in Siheung District, Gwangmyeong, designated as the third new city. Synthesis of 7 photos using the panorama technique. By Siheung/Kim Hye-yoon, staff reporters
Testimony from a land compensation expert
“The dragon willows? Rather than being an LH employee, if outsiders buy the land, land consulting companies come together to tell them to do so.” Mr. B, who was interviewed by phone on the 13th, said that the speculative behavior of LH employees, such as planting seedlings, is close to the’ground speculation formula’ and there is nothing special. Mr. B, who has been working to support land compensation work at development sites nationwide for more than 10 years, has a lot of experience in compensation work with LH and others. He said, “If we only aim for cash compensation, it will be ruined if it is accepted by LH.” In the LH project, he said, the benefits of indirect compensation, so-called’tickets’, given to land owners, are huge in the LH project. “The right to sell a cooperative housing (a negotiated transferable housing site) given to owners of 1,000 square meters or more, a benefit housing given to a person living in the development district (relocated housing area), farming or livestock, or a self-employed person (living land) is’Ticket’ It was traded as. Not many people understand this mechanism. People who have money, have land, and have power do a lot of abuse.” It is said that the’Residential Land Sales Rights’, which was created to support the resettlement of those who live or live in the development zone, were distorted into a speculative tool called’Ticket’ during the development of the housing site. Currently, Hyuptaek and Leetaek can be reselled once only without a price limit, resulting in a huge premium. Due to the condition that the living house must pay 10% down payment, the’ticket transaction’ to buy and sell rights was prohibited, but it is the same that resale is possible after that. “There are also planned real estates that are sold by splitting the stakes in a 1000㎡ scale that can be cooperative.” He said that land owners over a certain area (residential area 60㎡, commercial/industrial area 150㎡, green area 200㎡, etc.) have a lot of problems with the’large land compensation’ instead of being compensated for in cash. “Since we don’t know what will happen after development, there weren’t many people who applied for large soil. However, through Dongtan, Wirye, and Magok, Daeto became a big hit. After development, the land price has increased a lot. In Gwacheon Knowledge and Information Town, compensation for the Great Land was actively carried out. Gwacheon was a’land of opportunity’ for speculators.” He said, “There is a possibility that the compensation-related know-how accumulated here was used by many of the LH employees who were suspicious of speculation this time.” It was also said that when a public development zone is decided, there is room for speculative forces to intervene in the process of raising the level of compensation for land owners. “When compensation is paid, a countermeasure committee is formed, and this is actually a landowner association. There are numerous proposals related to speculation to the Chairman of the Countermeasures Committee. Some people who have had fun in one area as a reward may go to another area and do similar things.” There are also land owners and land consulting companies that live together like crocodiles and crocodiles. “There is something that consulting companies recommend as a way to get a lot of compensation when outsiders buy land. It is the same with dragon willows. When the compensation price comes out, they say that they will pay more and receive a commission.” In particular, these companies recommended that it is a land for development projects promoted by local governments, local corporations, and the private sector rather than LH. “Companies also do not recommend LH-incorporated land for investment. LH generally accepts 1.5 times the publicly announced land price, but local corporations generously give it. In Eunpyeong New Town, held by Seoul Housing and Urban Corporation (SH), I know that they gave much more than LH. In fact, investing in a development project in which local corporations participate in equity is the standard of land investment.”
“Opo, Gwangju, adjacent to Bundang New City, is great… It is rare for vigilante farmers around the development area”
In the afternoon of the 10th, in the area of Wachon-ri, Yeonseo-myeon, Sejong City, which is known as the planned site of the Sejong National Industrial Complex, there is a suspicion of speculation due to the densely populated prefabricated houses. yunhap news
Testimony from a land investment expert
“When I go to the development site, there are few farmers who vigilantly. It should be said that people around the development area are usually cultivated by proxy. Even ordinary investors can see only the pattern as a farmer.” Mr. A, who met at the office in Gangnam-gu, Seoul on the 12th, pointed out that the farmland law, which has been transformed into a tool of speculation in the field, is the biggest problem about the’LH incident’. Mr. A is an’industry expert’ who has written books on land investment since the mid-2000s and has taught general investors. He said that just by properly obeying the farmland law, this kind of speculation could be prevented. In fact, most of the land bought by the controversial LH employees this time was farmland, and they even submitted a farming plan to acquire the status as a farmer. “It’s been a long time since farmland was dumped. Investors acquire agricultural odor certificates (certificate of farmland acquisition qualification) for the purpose of receiving a transfer tax reduction or exemption. It’s all illegal. In the olden days, there was a procedure in which a local organization organized by the chairman of Lee or the women’s chairman was used to determine whether or not he was a farmer, but as this became a hotbed for corruption, the local government recovered it. If the local government needs it, the local government is also required to have an interview, but I omit it all and give me the documents.” The Restriction on Special Taxation Act is to reduce the transfer tax up to 100 million won in case of vigilance for villagers (actually living and farming) for 8 years, and speculators aim for this and acquire the’farmer qualification’. He said that’fake farmers’ are mass-produced even when developing new cities. “When developing a new city, if farmland is accepted, you will be compensated in cash. However, if you buy farmland within 30 km of the neighborhood, you will receive a transfer tax reduction or exemption. They buy the land without asking or asking. Then you have a chance to make more money. The cost of land adjacent to the development is higher than that of the development. The people who bought the Gwangju Oppo land near Bun-n-you city also made a lot of money. In general, it is a good system because it allows the farmers to continue farming, but they do not continue farming. When I go to the field, there are few farmers who vigilantly around the development area.” He said that the internal or undisclosed information used by LH employees is more likely to be information related to’compensation’ rather than related to’designation’ of the new cities of Gwangmyeong and Siheung. “The Minister of Land, Infrastructure and Transport Byun Chang-heum said that it would be stupid to invest because the compensation price is poor when the new city is accepted, but it is a superficial story and there is internal information of LH related to the compensation hidden in it. LH will make its own decisions on compensation-related matters such as the zoning reorganization project and allocation of use areas, and it is highly likely that the investment was made using such internal information.” However, in the case of public development at the local government level, Mr. A pointed out that there is a high possibility of preemptive investment using internal information related to the’designation’ of the development area. Here, speculative forces such as planning and real estate unite. On the 11th, Sejong City formed a special investigation team on the 11th as it was revealed that prefabricated houses, so-called’beehive’, were built to disguise as real residences before the announcement on the site of the Sejong City Smart National Industrial Complex. “We call the beehives of Sejong City’sets’, but there were many such sets before. For example, fake signs such as’Beauty Salon’,’Restaurant’ and’Real Estate’ are attached.” When such a development plan comes out, it is usually designated as a land transaction permission zone for three years, but it will be released after construction begins. Mr. A said, “It is from this time that speculation begins to hit the plate in earnest,” he said. “In the region of ○○ where large-scale development is in progress in Gyeonggi-do, planning real estate will soon assemble.” By Jin Myung-sun, staff reporter [email protected]