This year, as the public housing price for apartment houses in Sejong surged 70% from last year, backlash from citizens in Sejong area is spreading.
Even though it is not a speculative force, voices are being criticized strongly, asking why the first-owners should bear the burden.
On the Internet cafe where citizens of the Sejong region gathered, dozens of comments were posted on the post that shared the news that the public announcement surged on the 15th.
One resident said, “The landlord has to sell a house, pay taxes, and live on a charter again,” and said, “I am not asking to raise the price of the house, but should I be expelled from the house where I live?”
He said, “I am afraid of the soaring jeonse family, so I am afraid of all kinds of loans, and now my thirties with only one house now have an increase in the burden of loan interest and property tax.”
Mr. Kim (46), who lives in the city, said, “I am not a multi-homed person, and I got a loan and bought a house in the city for the purpose of living a few years ago.” “Do you hold on to it?”
According to the official public housing price announced by the government today, among 17 cities and provinces, the public housing price of Sejong City rose by 70.68% from last year, ranking first in the rate of increase.
As a result, not only the ownership tax such as property tax and comprehensive real estate tax, but also various public contributions such as health insurance premiums are expected to rise.
The price of local apartments rose sharply as discussions began in earnest after Kim Tae-yeon, the Democratic Party leader’s remarks on the relocation of the National Assembly to King Sejong, in July of last year.
The real estate industry in the city is expected to have little impact on the real estate market, such as an increase in the number of items to be sold in spite of the surge in the publicly announced prices of apartment houses.
Kim Dong-ho, head of the Sejong City Branch of the Real Estate Brokers Association, said, “Since the burden of the transfer tax traded by multi-homed people is larger than the comprehensive real estate tax burden that reflects the current publicly announced land price, multi-homed people will not be able to offer things just because the ownership tax has increased.
He argued that “Sejong will not easily sell for sale because there is still good news such as the relocation of the National Assembly’s King Sejong House,” he said. “To activate the transaction, the transfer tax rate must be lowered.”
A real estate broker in the city also predicted, “In the case of land, there will be many speculative forces that will turn their eyes because there is no burden on housing ownership and regulations are insignificant.”
(Photo = Yonhap News)