Namki Hong “Announcement of the second candidate for public redevelopment next week”

[이코노믹리뷰=권일구 기자]“Regarding the LH incident, measures to eradicate real estate speculation and prevent recurrence will be announced within March at the beginning of next week through the last consultations and party-political agreements today.”

Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance held the ’18th Real Estate Market Inspection Ministers’ Meeting’ held at the Seoul Government Complex on the morning of the 26th and made this announcement.

Vice Prime Minister Hong Nam-ki and Minister of Strategy and Finance Photo = Ministry of Strategy and Finance
Vice Prime Minister Hong Nam-ki and Minister of Strategy and Finance Photo = Ministry of Strategy and Finance

Deputy Prime Minister Hong Nam-ki said, “In the real estate market, prices continue to gradually decrease. It has been observed that transactions that are considerably lower than the previous transaction are also appearing.”

“If the current real estate policy is shaken and the market instability rises again, it is a damage for all of us, and it is a damage for our future employees.” I will go out.”

At the meeting, the final discussion on measures to eradicate real estate speculation and prevent recurrence and follow-up measures for the 3080+ supply measures were discussed.

The government plans to announce the results of the second public redevelopment candidate site selection result according to the 5.6 measure and the first city center project candidate site for the site proposed by local governments related to the 2.4 measure next week after discussing the follow-up measures for housing supply measures.

This is an explanation of the government’s unprecedented and consistent position to shorten the time of supply of housing by even one day through follow-up measures for supply measures that do not interfere with the LH crisis.

Deputy Prime Minister Hong said, “Regarding the LH incident, measures to eradicate real estate speculation and prevent recurrence will be announced within March at the beginning of next week through the last consultation and party-government consultations on this day.

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. In particular, we will impose stricter standards and responsibilities on public officials who need to take the initiative.”

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