Newlyweds and newlyweds in their twenties and thirties complain of pain in the’gap speculation’ centered on multi-family housing such as new villas. The suffering of those suffering from financial and mental damage due to the failure to receive the jeonse deposit from the’gap speculator’ is ongoing. Gap speculation is a’secret transaction’ in which the landlord collides with real estate brokers, building owners, and sales agencies to buy a large number of houses with a small gap between the sale price and jeonse, and then make profits by victimizing the tenant. With the help of the’Gap Speculation Response Citizens’, I heard the voices of 108 victims of tenants scattered throughout the metropolitan area.
Vehicles are passing along the road between residential areas in Gongdeok-dong, Mapo-gu, Seoul, where multi-family and multi-family houses are concentrated. By Lee Jung-ah, staff reporter [email protected]
285 million won. It is a deposit for the first home of Mr. Park Amugae (30) for his newlyweds, and the loan he paid back after selling clothes in Dongdaemun for many years. It is now money that cannot be returned. “In real estate, I introduced that the landlord is a rich man with a few hundred houses. I thought it was a safe house because I wondered if such a rich man wouldn’t have any jeon rent to return to me. I didn’t know at the time that I could increase my home by hundreds without a penny.” He and his wife entered a multi-family house in Sungin-dong, Jongno-gu, Seoul in June 2018. Kim, the landlord, is a rental business that owns 586 houses (as of June last year). Park saw the mail that came last month and found out that the house went through forced auction in December last year. The landlord couldn’t reach out, and the landlord’s agent couldn’t return the rent, so he asked to find the next tenant or buy a house. I tried to move this year, but I couldn’t get it right. He visited groups of victims of gap speculation, including online communities and messenger chat rooms, and met hundreds of victims like him.
21 days <한겨레>According to the results of a survey of 108 victims in Seoul and the metropolitan area obtained through the’Gap Speculation Response Citizens’ Meeting, most of the victims are newlyweds and newlyweds in their 20s and 30s, and they are not getting back 100 million to 300 million won in jeonse. Revealed. Most of the respondents signed global drugs before or after 2018, and were aware of the damage from late 2019 to 2020, when the contract expires (85.2%). This is the first time that an investigation has been conducted to examine the victims.
According to the results of the survey, the most common damage deposit amount was over 100 million to less than 200 million won (55.5%), 34.3% over 200 million to less than 300 million won, 7.4% less than 100 million won, and 2.8% over 300 million to less than 400 million won. . Housing type (duplicate response) was 50% of multi-family houses excluding new construction, 47.2% of new buildings, 14.8% of neighborhood living facilities, and 9.3% of illegal extension buildings. 41.7% of the victims were before the expiration of the contract, and 30.6% of the respondents said they were within one year after the contract expiration without receiving the deposit money back.
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Mr. Park Amugae (42)’s rent for a villa in Shinwol-dong, Yangcheon-gu, Seoul, of 145 million won, was all the assets he collected while working from his early twenties. Since the landlord didn’t pay taxes, the Gimpo tax office was seized last September, and the contract ended last November, but he still lives in the house because he couldn’t get the money back. At the time of the contract, a certified copy of the register was checked, a transfer notification was filed, and a confirmation date was also received. The real estate agency that professed to Mr. Park as “a house without any problems” was closed. Eventually, Park sues in order to recover the jeonse and tries to win the house through an auction. It is in a situation that it is necessary to obtain a loan in order to bear tens of millions of won, including the cost of lawsuits, auction fees, and subsequent acquisition tax. Mr. Park said, “I was considering a housing subscription or public rental housing, but I was holding a house I didn’t want, so I couldn’t get the benefits of homeless people.” Most of the victims were burned because they made a deposit for jeonse through loans. In the survey, 81.5% of all respondents received loans, and 17.5% said they suffered a credit crisis due to failure to return the loan. Amugae Jeon, 27, went to Tokyo for a job in November 2018 to find a new villa in Siheung-dong, Geumcheon-gu, Seoul for 225 million won. I received a loan of 148 million won and a credit loan of 12 million won. The loan interest, which goes out at 500,000 won a month, was burdensome, so I tried to move before expiration, but in the end, the loan was extended and the jeon tax refund lawsuit is underway. “The lawsuit takes a long time, but I am most worried that I will not be able to pay the loan because the additional loan extension is not available. In an instant, I become a bad credit. I can’t sleep because I’m anxious, so I drink every night.” 82.4% of the victims did not sign up for the jeonse deposit return guarantee, so they could not find any sharp measures. Jin Amugae, a rental business owner who owns 591 houses (as of June last year), Shim Amugae, a 33-year-old tenant, made a worldwide weakening of 100 million won in a villa in Yeokchon-dong, Eunpyeong-gu, Seoul in October 2019. They leaned 70 million won on a support loan supported by the government. Mr. Sim, who was not able to sign up for the jeonse deposit return guarantee on the’black list’ of the Housing and Urban Guarantee Corporation, said, “I wanted to save money while living on a cheonsei basis for a small interest, but I didn’t know that I would lose a big money. 22.2% of the victims had problems with landlords, and 34.4% were unable to purchase insurance due to problems with rental properties such as illegal extensions. In some cases, they do not know the insurance system or do not feel the necessity. Eventually, victims of gap speculation suffer temporal and monetary damage by proceeding with lawsuits to recover the jeonse money. A landlord who knows this may offer to buy a house by paying millions of won over him. Lee Amugae (37), who paid 250 million won in the villa in Daebang-dong, Dongjak-gu, Seoul, cannot return the rent to the landlord in December of last year, so if he pays more than 3 million won and pays legal fees, he transfers ownership of the house. I was offered to give. Mr. Lee said, “I was uncomfortable because it was a way to buy more and pay more without giving the money I had to give, but I thought it would be better than spending money and time on lawsuits and auctions. They also offer to raise the jeon tax and return the jeon tax when the next tenant comes in. It is a structure in which the victim contributes to making another victim by “distributing the bomb,” which leaves the problem house to another tenant. Park Amugae (30), who received such an offer, said, “I know that it is wrong, but I first thought that I should get another tenant to get money and leave this house quickly.” Although the actual contract was not signed, when the charter was released, 15 teams came to visit the house. Victims spend at least several million won in the process of finding a lawyer to take legal action, or inevitably buying a house. Victims were’depressed for more than a week’ (79.6%, multiple responses),’going to a hospital due to a stress-related illness’ (24%),’having a family discord’ (32.4%), and’obstructing work at work. ‘(87%) said they also suffered mental damage. “I went to the hospital for insomnia, severe panic attacks, mental illness, etc.”, “I lost my job because I had to enter Korea to respond to damage while working as a foreign resident”, “I divorced due to family discord”, “House subscription, Seoul housing There were appeals such as, “I gave up moving in, although I won a long-term charter hosted by the City Corporation (SH),” and “I was charged a penalty for breaking the contract because I couldn’t get the rent back for moving to another house.” Victims want to pressure the landlord with criminal punishment, but this is not easy. Attorney Eom Jeong-suk said, “In order for the crime of fraud to be established, intentionality must be acknowledged, but in the case of gap speculation, it is not easy to prove intentionality.” “If criminal punishment is carried out, it will act as a psychological pressure on the landlord, making it easier to get the money back.” . The Gap Speculation Response Citizens’ Association argues that “in order to prevent damage to gap dumping, administrative measures and penalties for landlords who caused guarantee accidents are necessary.”
After receiving the full set price higher than the market price for the new villa, divide it
Jang Amugae, 33, moved into a new villa in Siheung-dong, Geumcheon-gu, Seoul in April 2018, paying a jeonse of 160 million won. The broker explained that it is a building that has not yet been sold, so if you first sign a contract with three owners, the landlord will buy and sell the house by combining his money with the jeonse he paid. “It is a universal trading method. You can rest assured,” he believed. Several nearby real estate businesses also showed this house, and they talked about the same transaction method, so there was no doubt. However, the moment Jang stamped the contract, he fell into a swamp of gap speculation. Gap investment is a real estate investment method in which the gap between the sale price and the jeonse price is small, by buying a house with the amount of investment equal to the difference (gap), and aiming for a market price difference. However, the damage like Jang is because some landlords, real estate brokers, building owners, sales agencies, etc. collide over houses that are difficult to determine the market price, such as new villas, and “specify” rather than invest in hundreds of them. The secret transaction of the’builder-the lease operator (name lender)-the real estate broker’ that the tenant does not know forms the gap speculation ecosystem. For example, a brokerage introduces a house with a market price of 140 million won to a person seeking a charter with a deposit of 160 million won and makes a charter contract with a client or existing lessor, and then the rental business immediately purchases the house and gap speculation occurs. . The owner or existing lessor who has secured the cheonsei deposit can reduce unsold sales and dispose of the house, and the rental business owner can own the house without equity capital. The 20 million won of’Uddon’ received from the tenant becomes a’rebate’ shared by the rental business and the broker. In this way, even if only 10 houses are owned by 10 million won, the rental business and brokerage earn 100 million won. Renters own hundreds of homes in this way. In most cases, real estate businesses are’planned real estate’ that closes for a short period of time. A rental business that cannot afford to return the security deposit to the tenant transfers the damage in a way that avoids contacting the tenant or does not respond. If a tenant subscribes to the jeonse deposit return guarantee, the housing and city guarantee corporation will return the jeonse instead, but some rental companies earn profits by lending vacant houses for a short period of time for several months until legal procedures such as auctions proceed. Mr. A, who has been working part-time to help with such short-term rental business since the beginning of last month, said, “The tenants earn 30 million won in net profit per month by renting about 80 vacant houses for a short period of time through guarantee insurance. “There are people who have gone out after receiving the jeon tax, so they have never harmed others with gap speculation,” he said.
By Kim Yoon-joo, staff reporter [email protected]