Photo = Yonhap News
# Kim Mo, who is living in Gwangju, Gyeonggi-do with two children, is not alone with her worries. In June last year, a global drug was signed for 350 million won, but since then, the price of jeonse has risen rapidly. I was impatient to hear that there was no sale and recently sold up to 500 million won. Mr. Kim said, “I live with confidence for the next three years, but the price of the house has risen so much, and because I am one-in-one, I can’t afford to pay for a loan.” When I live, I think I have no choice but to add to it,” he said. He is applying for’other games’ in apartments sold in Gyeonggi-do.
As house prices have soared and winning in popular residential areas has become difficult due to high competition rates, the number of consumers for’pre-sale insurance’ is increasing. It is because of the expectation that they can win anywhere and realize profits. It means that even if it is difficult to realize profits, it is safe to have a house. Since I don’t have a house at all, I think it’s called’pre-sale insurance’, so I will try to make up for the relative deprivation.
“The house price rises faster than the salary”
It appears prominently in Gyeonggi-do. In the case of housing districts, there are opportunities in addition to the corresponding area, and in the case of non-regulated areas, household members can also participate as the number one subscription. Industry officials say that housewives like Kim and those in their twenties and thirties, who are adult children of the middle-aged, are working hard on such sales. For this reason, it is also reported that applications from their 20s have increased since the end of last year. In fact, in relation to the arrangement of my home, in communities and cafes, you can see 20s who are jumping on subscriptions while calling themselves’Burini’ (a compound word for real estate + children).
According to the Korea Real Estate Agency, the number of apartment purchases in their 30s and younger apartments last month reached a record high of 36,177 cases. There were 7098 cases for those in their 20s and younger, and 29,079 for those in their 30s, respectively, breaking the highest since January 2019 when related statistics were compiled. It accounted for 34.06% of total 10,027 transactions. Three out of 10 people who bought apartments were in their 30s or younger.
Existing apartments are acquired by donations by people in their 20s and 30s, while the general public is striving to receive sales even in the outskirts. / Photo = Getty Image Bank
However, it is an analysis that those in their 20s and 30s are capable young people who are capable of gifting or honoring. The reality is that it is not easy to directly buy and sell apartments in Seoul and Gyeonggi areas while working normally while there are loan restrictions. That is why I am holding’pre-sale insurance’ as a way to make my own home or make profits with relatively little money.
An industry official who said that their children are working hard on the subscription said, “I work at a company, but because the house price is rising faster than collecting a salary, I have been working hard on the subscription.” I put it everywhere.” He said, “I’m at an age where I feel rewarded while working, but I don’t know if I should call this unique, and I think it’s just a bitter reality.”
As the government expanded the regulated areas, most of the 31 cities and counties in Gyeonggi-do were grouped as regulated areas. In Gyeonggi-do, there are only 7 places in Gyeonggi-do that are not regulated, including Gapyeong, Yangpyeong, Yeoju, Icheon, Yeoncheon, Dongducheon, and Pocheon. As new apartments are sold out in Gapyeong and Yangpyeong just in time, they are gaining popularity as consumers who want to purchase’pre-sale insurance’.
These regions are not subject to re-winning restrictions and can receive up to 70% of the mortgage loan ratio (LTV). It is also possible to resell pre-sale tickets after 6 months from the date of winning the subscription. The sales price of 74~84㎡ for medium-sized people was distributed in the high half of 200 million won to the mid-late half of 300 million won. Considering the pre-sale price of 300 million won, it is possible to make a home without having to pay 100 million won. If more money is added to the pre-sale right, it is calculated that profit can be realized in 6 months by investing 30 million won.
People in their 20s to 30s holding a subscription passbook
In Yangpyeong-gun, Gyeonggi-do, with a population of around 110,000 people, 5 apartments and 2079 households were sold last year. In the areas where the demand and supply of rural houses and general houses was the most, apartments were pouring out at once, and the subscription fell short. Then, as the government expanded the regulated areas, consumers flocked in from last November and the number of unsold apartments sharply decreased. Forena Yangpyeong (438 households) and Bando Yubora Ivy Park (740 households) in Damun District, Yangpyeong, contrary to concerns in the early stages of sales, all households contracts were completed at the end of last year. As the pre-sale market is booming, Halla is planning to supply’Yangpyeong Station Halla Vivaldi’, a large complex of 1602 households next month.
A construction company official said, “It was expected that it would take more than half a year to be sold out (complete sale), but I was surprised that it was sold out early. It is more common than other sites of young subscribers in their 20s and 30s, and they kept calling inquiries about uncontracted matters. “He said.
Photo = Yonhap News
Likewise, the atmosphere of Gapyeong, an unregulated area, is no different. ‘Gapyeong Jai’ (505 households) and’e-Pyunhan World Gapyeong First One’ (472 households) will be supplied from this month with the Gapyeong Sports Complex in between. It is a message that there are many inquiries from young people in the real estate community and in the field.
Kim Mo, 24, a university student in Gyeonggi-do, said, “There were many meetings in the school that invested in stocks and bitcoins, mainly in reserves, but from last year, meetings to study real estate have been formed.” “It is said that studying real estate is better than TOEIC. I listen a lot.” He said, “Because I was at home with Corona 19, I heard so much about real estate from my parents,” he said. “My parents also said,’It would be better to get a house somehow sooner than to buy a house with a salary.’ It is true that I am impatient when I see the price of houses in the neighborhood go up.”
Lee Mo, a friend of Mr. Kim, who recently quit his real estate cafe activity, said, “I heard the boast that the house price has risen at the café and that there are good things to go up, I had a mind that’I should try it too,’ but now there are so many apartments that exceed 1 billion won. He said, “I don’t want to go in because I think it’s a place I can’t reach,” he said. “It’s resentful for the reality of falling into a thunderbolt without some houses,” he said.
Hankyung.com reporter Kim Hana [email protected]