Input 2021.03.14 16:46
The home purchase burden index is an index that represents the repayment burden when middle-income households receive standard loans to purchase middle-priced homes. When the index is 100, it means that 25% of monthly income is paid as repayment of the principal and interest of a mortgage mortgage, and as the number increases, the burden increases.
The national average home purchase burden index also recorded 57.4, up 5.1 points from the previous quarter (52.3). This is the highest figure in about three years since the third quarter of 2018 (57.5).
On the other hand, the housing purchase quantity index (K-HOI), which is the ratio of the number of suitable homes for middle-income households, fell sharply. At the end of last year, the Seoul housing purchase volume index reached 6.2, the lowest level since 2012 when related statistics began to be prepared.
The housing purchase quantity index is based on the net assets and income of middle-income households, and calculates the percentage of apartments that can be bought among apartments in the area when loans are received.In Seoul, the total number of apartments that can be purchased by middle-income households This means that it is only 6.2% of the company. Last year, the national housing purchase volume index was 56.9, down 8.7 points from the previous year.
It is analyzed that housing prices are soaring, but as loan regulations tighten and supply contracts, eventually, the middle-class’preparing my home’ has become farther away.
In a recently published report, Young-Shin Choi and Associate Research Fellow Young-Shin Kang said, “The median price of apartments in Seoul exceeded 900 million won, and the median prices of apartments in Seoul and the metropolitan area from 2015 to 2020 continue to rise.” “The price gap between the two countries is widening,” he analyzed.