Average house price for housing pension subscribers, 3.3% increase over the previous year… Monthly payment also increased by 2.3%
▲ The whole area of Gangnam apartment complex as viewed from Namhansanseong, Gwangju, Gyeonggi-do. (Reporter Shin Tae-hyun holjjak@)
It was found that housing pension subscribers who receive retirement living expenses as collateral for their homes entrust their homes with an average of 370 million won and receive an average of 1,040,000 won per month.
Housing pension refers to a product that allows elderly couples 55 years of age or older to receive a fixed amount of money each month in the form of a lifetime loan as collateral for their own housing.
The Korea Housing Finance Corporation announced on the 13th that as of the end of last year, the average housing price of housing pension subscribers was 370 million won.
Compared to 292 million won at the end of the previous year, it increased by 3.37%. As the overall housing price increased, the housing price of housing pension subscribers also reached 300 million units.
The average monthly payment was 1035,000 won, a 2.3% increase from the previous year.
The total number of housing pension subscribers was 81,205. Last year alone, 10,172 new people joined, and the average age was 72.2 years.
The number of home pension subscribers from 850 in November last year to 1169 in December, an increase of 37.5% from the previous month.
According to the amendment of the Housing Finance Corporation Act in December of last year, the upper limit on the price of housing with a housing pension was adjusted from the current’market price’ to 900 million won based on the’public price’, and the number of subscribers is analyzed to increase.
In addition, the law was amended to allow residential officetel residents to subscribe to the housing pension, and about 46,000 elderly households who were unable to subscribe to the housing pension because they were not classified as housing until now became possible.