Input 2021.03.12 18:43
The second and fourth measures emphasized the concept of public-led reconstruction and redevelopment to stabilize house prices. In addition, it contains the contents of supplying 830,000 households nationwide through housing site development in the metropolitan area and local metropolitan cities.
Experts are questioning whether public officials and maintenance business officials will focus on the changed policy, which is the key to making the policy. One real estate expert who requested anonymity said, “Even if the subsequent legislation is in place, if the policy momentum declines, it can be judged that there is no benefit in the reconstruction and redevelopment maintenance workplaces.” Because of this, it will be difficult to obtain member consent.”
Another financial real estate expert who asked for anonymity said, “There are many twists and turns until the union is liquidated and a public-led maintenance business is selected, and it has a weakness that it is not easy to realize, but it was a measure to look forward to if it succeeded.” “If the supply policy is shaken, the declining home buying tax could come back to life,” he said.
Although the basic legislative work for the 2·4 countermeasures is almost finished, some pointed out that it is not clear whether it will be possible to pass the plenary session of the National Assembly. In the second and fourth measures, a house was bought after the date of the announcement of the measures, but after that, if public-led redevelopment and reconstruction projects proceed, cash settlement is provided. It is said that it is inevitable because the criticism on this part is incessant.
Professor Shim Gyo-eon of Konkuk University’s Department of Real Estate said, “There is an antipathy to the development, which is based on LH-led development and acceptance, and even members of the National Assembly based in regional districts will not be able to pay attention to the trend of public sentiment. “It can be done, but the situation may be different for the public-led maintenance method.”
Experts are most concerned that it can affect the direction of home prices in Seoul, in particular. In the case of Seoul, where housing sites can no longer be secured, the plan was to increase the supply of housing through public-led redevelopment and reconstruction, because if the policy is shaken by Minister Byeon’s resignation, house prices may rise again.
This year, house prices in Seoul and the metropolitan area showed a slowing trend. According to the Korea Real Estate Agency, the rate of increase in apartment prices in Seoul rose to 0.10% just before the announcement of the 2.4 plan, but shortly after the announcement of the plan, the increase was reduced to 0.10% → 0.09% → 0.08% → 0.08% → 0.07%.
The government is also wary of this. At a meeting of real estate ministers held on the 7th, Deputy Prime Minister Hong Nam-ki said, “Will the real estate market stabilize or return to an unstable situation?”
First of all, the government plans to carry out housing supply measures, including the 2.4 supply measures, on a schedule. During this month, the candidates for the 2nd and 4th supply measures and the 2nd public redevelopment candidates according to the last 8 and 4 measures were to be disclosed. In addition, the company plans to announce the location of the second new public housing site next month, and in June, it plans to recruit tenants for the public jeonse housing newly introduced in the jeonse plan in November last year. In July, the 3rd new city pre-subscription will be conducted, and candidate maps for the urban public housing complex project will be announced.