Emphasis on the “public choice problem” in the’property infringement’ controversy
In the controversy over the unannounced controversy over the Jikbang Village project, it was clarified “Subjects of punishment under the criminal law…
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Minister of Land, Infrastructure and Transport Byun Chang-heum said that the decision to exclude the right to preferential supply to public maintenance projects, which has been controversial in infringement of property rights, was “legally legitimate.” It has repeatedly emphasized that the purpose is to respond to speculative demand aimed at development profits from public maintenance projects.
According to the government on the 14th, Minister Byun appeared on YTN News on the 13th and said, “For maintenance projects such as public redevelopment, the residents first propose projects and then designate them as reserve districts, and obtain the consent of more than two-thirds of the residents. “It is a business in progress,” he said. “It is legally legal to compensate the owners (purchased after the policy announcement) in cash.” It emphasized once again that if land or housing is purchased after the policy announcement in a publicly-led maintenance project, which was disclosed through the 2·4 supply plan, it is subject to cash settlement.
Minister Byeon said, “Giving the right to sell a house to a new owner after the announcement of the maintenance project is beneficial because it is a matter of public choice because it is a matter of gaining development.” “Applying it to the project announced after the legislation of the cash compensation plan is also inadequately retroactive. It can be implemented by legislation.”
In the second and fourth measures, most of the supply volume was designed in a publicly-led manner as a measure that considered’diversified interests’. Minister Byeon said, “Small-scale maintenance projects can be carried out by the private sector, and urban improvement projects such as reconstruction and redevelopment can still be carried out with the private sector through public participation introduced in the August 4 measures, and through public initiatives of the second and fourth measures. “However, in the city center, there are places where there is no business and the interests of the private sector are not organized. This is done by the public.”
As for the project areas that have not yet been announced, he said, “20 housing site development districts across the country have been virtually confirmed and will be announced upon completion of discussions with local governments two or three times.”
Minister Byeon said that in the process of designating Seoul Station (Dongja-dong) sidebang village as a public housing district, it was an “inevitable measure” for the controversial issue by not notifying landlords and landlords in advance. He said, “The Seoul Station sidebang village project is a method of designating the project as a public housing district under the Special Public Housing Act,” he said. “It was a felony crime that would result in punishment under the criminal law if the district was disclosed before public announcement. “ He added, “Unless it is a public housing district, development itself is impossible due to problems such as migration measures and business feasibility,” he added. “As the real residents are highly responsive, land owners and landlords will also provide sufficient compensation and persuasion.”
Regarding the possibility of stabilizing the housing market according to the 2nd and 4th measures, Minister Byeon said, “There was anxiety about house prices due to’panic buying’ at the birthplace that housing supply would be difficult, but the signal that sufficient supply is possible will resolve this.” Regarding resolving the cheonsei crisis, “even after the 11/19 pre-generation policy last year, public remodeling and private purchase agreements belong to the pre-generation policy. Among them, public remodeling is the amount of jeonse that will be supplied within 6 months. All of them are projects that can expect chartered volume in one or two years, and now, the amount of chartered money will accumulate, contributing to the stabilization of the leased price in the future.”
/ Reporter Jin Dong-young [email protected]
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