Excluding many places where real estate was changed in direct public projects

“Review of easing standards for retirement in urban public housing complex projects rather than general maintenance projects”
2·4 Controversy over supply measures

Controversy has been raised in some parts of the real estate market over some of the government’s 2·4 supply measures.

Priority supply right, that is, the right to move in, is not given to real estate purchasers in the development site after the 4th of the announcement, which is an excessive infringement of private property rights.

Although a super-large supply plan to supply more than 830,000 units nationwide has been released, there are not a few reactions that the specific location is not disclosed at all.

On the 7th, the controversy and curiosities raised on the 2nd and 4th measures, and the government’s explanations were summarized in a question and answer format.

– In the case of a direct public maintenance project or an urban public housing complex development project, it is an excessive regulation and may be unconstitutional for those who acquire housing or land after the announcement of the measures to pay priority without giving priority to housing, etc. Isn’t there this?

In particular, if such restrictions are set in advance in a situation where they do not know where to develop, the consumer who wants to buy a built apartment or villa will hesitate to buy and sell because there is a fear that cash will be liquidated.

▲ While preparing countermeasures, it has already been reviewed by law and determined that it is not unconstitutional.

It does not contradict housing-related compensation practices or court precedents.

Project sites are very limited, such as those in the station area or areas with a high percentage of houses aged 20 years or more, and among these areas, more than two-thirds of residents must agree to the project.

Even if retirement requirements have been met and residents’ consent has been obtained, the government plans to exclude places where there is a lot of change in land, etc. in the area from the project site.

This is because the more hand changes, the more expensive the land price, and the less profitable it is.

Consequently, the number of targets for cash settlement will be minimized.

Where public implementation is not desired or where there is a lot of change of hands, development projects can be conducted as many times as possible with the current development system or means.

– When calculating the amount of housing supply for the urban public housing complex development project, what criteria did you apply to the old age?

▲ The retirement degree basically applied the requirements of the redevelopment project.

Stations and semi-industrial areas used the standard for redevelopment of commercial areas, and for low-rise residential areas, the standard for deterioration of general redevelopment areas was used.

Currently, the criterion for meeting the deterioration of the general redevelopment area in Seoul is whether there are more than two-thirds of deteriorated buildings that are more than 20 years old.

This criterion was used when calculating the number of houses that could be developed, but was not applied as it was.

And it is the same when preparing laws to promote business.

The government is considering a plan to apply the aging standard by easing it rather than a general maintenance project.

– If you participate in a direct public maintenance project, do you have to hand over all ownership of the house?

▲ When starting a business, all rights to land and buildings must be paid in kind, but upon completion of the business, both land ownership rights and ownership of the building are received.

– Do residents want to live in a’public apartment’?

▲ The public is leading up to securing the site, and housing construction or supply is promoted through a cooperative model with contractors and maintenance companies.

When promoting a project, residents also decide on the design, construction, and brand.

The private sector will carry out creative design and construction suitable for the special construction zone, and with the development profits, various community facilities such as childcare and health in the complex and the surrounding living infrastructure can be significantly expanded.

– Unlike the past housing supply countermeasures, the 2·4 supply plan has no substance because no specific place is presented.

▲ Past measures were more of a supply’project’ rather than a supply’policy’.

Although the project to provide housing by searching for scrapped land in downtown Seoul is not sustainable, the second and fourth measures are not a one-off project, but a policy that can be used continuously.

It is meaningful to propose a new institutional model that can continuously supply high-quality housing within the city center with complex interests.

In the case of new housing sites, the site selection process is almost finished, but detailed discussions such as setting the boundaries of the district with the local government remain.

About 20 new housing sites that can supply 250,000 units will be selected and announced soon.

– Are you too optimistic about your supply target?

▲ Rather, it was calculated very conservatively.

In the direct public maintenance project, the participation rate was 25%, the urban public housing complex development project such as station area, low-rise residential area, and semi-industrial area was calculated to be around 5-10%, and only 3% of small parcels participated.

– If the resident consent rate of the urban public housing complex development project is lowered to two-thirds, which is lower than that of the existing maintenance project (three-quarters), will not one-third of the residents who oppose the development be greatly opposed?

▲ This project is promoted by designating a public housing district, but the original public housing district project is promoted without prior consent from residents.

In spite of this, 10% of the land owners requested the designation of the district, and the project was promoted only after obtaining the consent of at least two-thirds of the landlords within one year after designation as a planned district.

If the consent rate is not secured within the deadline, the project is automatically canceled.

/yunhap news

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