LH land speculation suspicion, public-led 24 countermeasures disruption to reality

Realization of a setback in the 2·4 countermeasures posed by’public leadership’ due to allegations of speculation in LH
In March of the follow-up legislation, you will… ‘Difficulty’ in the promotion of the 3rd new city

(Sejong = Yonhap News) Reporter Yoon Jong-seok = Concerns that the Korea Land and Housing Corporation (LH) alleged land speculation will disrupt the government’s 2·4 supply plan is becoming a reality.
The 2·4 countermeasures designed to stop’panic buying’ arising from anxiety that there will be a shortage of housing in the city center is speed warfare, but the momentum to promote it is remarkably low.
According to the Ministry of Land, Infrastructure and Transport and the National Assembly on the 14th, the follow-up legislative work to promote the core contents of the 2·4 supply countermeasures is struggling.

The party government originally planned to pass a follow-up bill in March, prepare for revision of the enforcement decree, and enforce it before June.
However, these bills could not be presented at the general meeting of the National Assembly’s Land, Infrastructure and Transport Committee on the 12th.
Among the 2 and 4 measures,’city center public housing complex development’, which promotes high-density development of station areas, semi-industrial areas, low-rise residential areas, etc.,’directly implemented maintenance project by public institutions’, which is directly led by LH, etc., and maintenance projects were added to urban regeneration. The’Residential Regeneration Innovation District Project’ is a key way to expand the supply of housing to the city center.
The Party government initiated amendments such as the’Public Housing Special Act’, the’Urban and Residential Environment Improvement Act’, and the’Special Act on Revitalization and Support for Urban Regeneration’, which are the basis for these projects, within 20 days after the 2nd and 4th measures were introduced. I have a bar.
However, the bill was only submitted to the National Assembly, and it was not supposed to be the starting procedure for a full-scale discussion, such as referral to the subcommittee of the bill.
Since the bills exceeded the meditation period (15 days) on a 12-day basis, it was a situation that could be done if they were to be assumed.
However, considering the remainder of the National Territory Commission schedule, it is theoretically impossible to assume it during this month.
An official from the National Assembly said, “If the opposition parties agree, it may be possible to hurry the schedule, but for now, is it not realistically difficult to hurry up the follow-up legislation of the 2 and 4 measures with the main content of the development method, such as the public taking a large amount of money, such as LH? “He said.
The core of these projects proposed in the second and fourth measures is to provide incentives, such as releasing urban planning regulations such as floor area ratio, on the premise of the initiative of public institutions such as LH. The idea was to expand the supply of housing by letting public institutions solve problems that the private sector could not solve on their own, allowing businesses to run in places where development projects have not been promoted so far.
However, now that the public’s trust in LH has fallen to the bottom, there is less justification for persuading the LH-led development method.
The second and fourth countermeasures have been controversial from before by putting a strong anti-speculation countermeasure that will not give you the right to move in if the real estate of the planned development site is acquired after the announcement date. However, it was revealed that LH employees were speculating on the land before designation as a new city, which inevitably intensifies the opposition.
For this reason, it is said that it is not possible to pursue legislation in earnest at least after the results of the alleged speculation in the new city of public officials come out and follow-up measures such as reorganization of LH and preparation of countermeasures to prevent recurrence have been prepared.
The government is planning to announce at least some of the candidate sites for the development method proposed in the second and fourth measures this month after receiving an application from local governments, but it is in a situation that it cannot guarantee a box office success.
Minister Byun Chang-heum took responsibility for the LH crisis and became the’Minister of Time and Time’ who resigned after carrying out only the basic legislative work following the 2 and 4 measures.In the passport, there is a prospect that the minister will be replaced in early April, but the bill will be processed accordingly. It is a situation where we cannot guarantee that it will be possible.

Along with this, some of the disruptions were inevitable for the 3rd new town development project, which is a part of the 2nd and 4th measures and is the core and the most specific of the government’s housing supply measures.
First of all, the Siheung New Town in Gwangmyeong, which received the most reaction from the second and fourth countermeasures, is smeared with speculation by LH employees, and even claims that it is blank.
The National Solidarity Countermeasures Council for Public Housing Districts recently held a press conference and said, “Indigenous people in new cities demanded strict standards in the name of countermeasures against real estate speculation, but LH employees took out development information in advance and made land speculation for 10 billion won.” “The third new town should be abolished and the ongoing procedure for accommodating and compensating for the new town should be stopped.”
The fact that LH employees have dug a loophole in the land compensation system by acquiring more than 1,000 square meters of land and aiming for a negotiated transferable property is revealed, and it is questionable whether the ongoing compensation will be properly achieved in a situation where there is a high voice that the improvement of the land compensation system is required. .
An official from the Ministry of Land, Transport and Maritime Affairs said, “It is a situation where the credibility of the policy is severely damaged by the LH crisis, but should we proceed as planned?” Said.
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