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Minister Byeon said, “I take full responsibility for the unfavorable occurrence, and I deeply apologize to the people and members of the committee.” In order to recover, more than ever before, we will more strictly investigate allegations of speculation, punish speculators on the principle of zero tolerance, and quickly come up with fundamental measures to prevent recurrence. He emphasized that, “We will prepare systematic and meticulous recurrence prevention measures to prevent this from happening again, more fundamentally,” he said.
The Ministry of Land, Infrastructure and Transport plans to restrict land transactions within certain categories by the relevant employees of real estate-related agencies in principle, and report inevitable land transactions. It also introduces a system that allows constant monitoring by imposing property registration obligations on employees of real estate development information management agencies such as the Ministry of Land, Infrastructure, and Transport, LH, and local corporations. In addition, it has decided to have a system that can redeem the unfairly gained gains several times.
In addition, Minister Byeon said, “This situation should lead to distrust of the public as a whole, and the real estate market should not be brought back to an unstable situation.” The housing supply measures announced in the conference should also be promoted without a hitch.” In addition, he added, “We will continue to follow up measures for 3080+ supply measures, such as the release of candidate sites in March, to derive results that the people can feel and to secure market confidence in expanding housing supply.”