Review of expansion of house supply by changing the use of land in the metropolitan area

The party government is considering a plan to expand the supply of housing by changing the use of residential areas.

Hong Ik-pyo, Chairman of the Democratic Party’s Policy Committee, appeared on KBS Radio on the 12th, saying, “We are preparing measures to dramatically increase supply to the metropolitan area centered on Seoul through densification or repurposed.” I am doing it.” He said, “We are planning to announce a comprehensive plan before the New Year’s Day,” he said. “We expect the President to have already received a report.”

President Moon Jae-in mentioned in his New Year’s address the day before, “We will quickly come up with a variety of housing supply plans that can be quickly effective with special emphasis on supply expansion.”

An official from the Democratic Party’s Policy Committee said, “The measures to supply the metropolitan area are focused on raising the floor area ratio that was previously reviewed.” Leave it open and review it.” Policy Committee Chairman Hong Ik-pyo also said, “In the 70s and 80s, the absolute amount itself increased as houses were supplied to empty land. Currently, Seoul is facing a problem of reducing the quantity of supplies to supply. So we are going to increase the floor area ratio by densifying or changing the use.”

The Ministry of Land, Infrastructure and Transport said it would report to the party a plan to change the use of available land in Seoul and the metropolitan area sooner or later and to publicly redeem additional profits.

In-House Representative Kim Tae-nyeon also said at the in-hospital countermeasure meeting that day, “We will prepare a breakthrough housing supply plan in relation to the housing problem that is of great concern to the public and announce it before the Lunar New Year holidays.” The party government is expected to further refine supply measures at the real estate ministers’ meeting scheduled on the 15th.

Reporter Lee Hae-jun [email protected]