Hong Nam-ki Imposes strict responsibilities on public officials in countermeasures against speculation… Announced early next week

“The results of the selection of candidate sites for public redevelopment in the province and announcement of candidate sites for urban projects”

Hong Nam-gi

Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance said on the 26th, “In particular, we will impose stricter standards and responsibilities on public officials, such as public officials and public institutions, who need to take the initiative.”

On this day, Deputy Prime Minister Hong held a meeting of ministers concerned with real estate market inspection at the government’s Seoul government building, and said, “The measures to eradicate real estate speculation and prevent recurrence in relation to the Korea Land and Housing Corporation (LH) incident will be held in early March next week after the last consultations and party-government consultations. I will announce it without passing it over,” he said.

He emphasized, “This time, we are preparing a fundamental measure with the determination to eradicate the typical illegal, expedient, and unfair speculation in the real estate market.”

Deputy Prime Minister Hong said, “If you want to remain a public official, you will have to endure stricter standards, responsibilities, and sanctions, and if you want to become a public official, you will have to step into the public office with the heart to endure it.”

Regarding the housing supply plan, he said, “Next week, we plan to announce the results of the selection of the second candidate for public redevelopment according to the 5·6 measure and the first candidate site for the city center project targeting the site proposed by local governments related to the 2·4 measure.” .

Deputy Prime Minister Hong reiterated that, “apart from the LH incident, it is the government’s consistent position to shorten the time of supply of housing by even one day through follow-up measures for supply measures.”

Regarding the recent real estate market trend, he mentioned the cases of apartments in Seocho-gu and Yongsan-gu, Seoul, saying, “In some regions, transactions that are considerably lower than the previous transaction are observed, depending on the case.”

He said, “There was also an expectation that the LH crisis would have a negative impact on the real estate market, but we are fortunate that the uncertainty did not expand. If the current real estate policy is shaken and the market instability rises again, it will be a damage for all of us. “The damage of generations” he said.

He added, “We will examine the trends in the real estate market more closely and consistently promote real estate policies without any leftovers.”

/yunhap news

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