Six real estate policies… “Relocation of local axis and fire base, new urban railway and metropolitan roads”
The power of the people announced that if they win the Seoul Mayor’s by-election, they will tighten regulations on reconstruction and redevelopment, move or cover railroad vehicle bases, and build houses for young and newlyweds.
Kim Jong-in, chairman of the emergency countermeasures committee, held a press conference at the National Assembly on the 13th and announced’Six Major Real Estate Normalization Measures’ based on these contents.
First, it was decided to raise the floor area ratio standard in Seoul, which is lower than the law, and to ease the safety diagnosis standard.
In addition, while abolishing the pre-sale price ceiling, he announced that he would radically lift restrictions on reconstruction and redevelopment, such as fixing the excessive reconstruction excess profit return system.
Despite the deterioration of downtown Seoul, the Moon Jae-in administration and the late Mayor Park Won-soon artificially prevented reconstruction and redevelopment, and for this reason, over the past 10 years, 400 maintenance projects in the city were destroyed and 250,000 new houses were not supplied. Based on
The people’s strength also announced that it would move or cover the railroad car base in the city to the outskirts.
The plan is to supply housing for young people and newlyweds using the large-scale land secured in this way.
The Jiaxing Vehicle Office (Subway Line 3) in Goyang City, Gyeonggi-do, the living area of Seoul, and the Fire Protection Vehicle Office (Line 5) in Gangseo-gu, are dominant.
It is a plan to move lines 3 and 5 to Paju and Gimpo, Gyeonggi, respectively, and move the relevant offices together.
Rep. Kim Hee-guk, who drafted this policy, told Yonhap News and talked with Yonhap News that “Paju City and Gimpo City were active in the extension of Line 3 and 5, but the support was sluggish due to the passive administration of Seoul.” I will promote it together.”
The people’s power, contrary to the Democratic Party, professed to abolish the heavy capital gains tax system.
It is based on the perception that in order to increase the supply of housing immediately, the lockdown phenomenon must be resolved.
It also promised to cut the employment/registration tax for first-time home buyers and adjust the standards for health insurance premiums.
The company announced that it will install a large roundabout in the basement of Yongsan Park to relieve traffic difficulties along with supplying housing, while building an additional underground’alternative road’ in the local and congested sections of major arterial roads.
It was decided to expand the transportation network of the urban railroad and refurbish the metropolitan roads connecting the new cities.
In addition, the government announced that it will fundamentally improve the system for calculating the official prices determined by the Ministry of Land, Infrastructure and Transport, and increase autonomy in financial regulations such as the total debt repayment ratio (DTI) and the mortgage recognition ratio (LTV).
However, these regulations are outside the authority of the Seoul Metropolitan Government.
Chairman Kim said, “All the real estate policies of the Moon Jae-in administration have failed.
Rather, the side effects of the wrong policy swept the country,” he pointed out, “The angry real estate public sentiment calls the current government a’real estate disaster’.”
He said, “There will never be a trial and error that tramples the hopes of the people again,” he said. Based on these policies, he announced that he would make a pledge for the 4·7 re-election.
/yunhap news