Public opinion should be differentiated in compensation for simple investors and indigenous peoples
(Sejong = Yonhap News) Reporter Yoon Jong-seok = The government’s land compensation system for public housing projects became inevitable due to the suspicion of land speculation by public officials in the 3rd new city.
In order to promote a new city policy of designating a certain area and overhauling it, existing residents and landlords must provide the land at the level of appraisal.
As a result, there are no residential lands that are not subject to opposition from natives or landlords over land compensation, and sometimes, their opposition to the project is disrupted.
In order to solve this problem, various’carrot measures’ to appease indigenous peoples and landlords came out, and looking back, they were consuming these carrots by LH employees armed with practical knowledge of land compensation.
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On the 11th, the government announced the results of the first thorough investigation on allegations of speculation by public officials in the 3rd new city and announced that it would prepare a complementary measure for the overall housing supply policy, including the land compensation system.
Basically, when a new city is developed, compensation is paid for the land itself and the’obstructions’ such as facilities or crops built on the land.
The standard is the’public announcement date’, which is the day the government announces the new city. Prior to that, you must own the land to be eligible for compensation.
To compensate only in cash, it would be financially burdensome, and above all, this money could be re-introduced into the real estate market to raise the price of a house, so a large-soil system was devised to compensate with other land instead of money.
First of all, if you have lived in the area one year before the public announcement date, you can get a’migration home’ where you can build a commercial housing.
For foreigners who own more than 1,000 square meters of land, a’negotiated transferable housing site’ is provided to build a detached house if it actively negotiates compensation. Last year, the government incorporated the targets of negotiated-transferred housing sites as the target of special supply of apartments.
If you prove that you were farming or doing business, you can get a’life plan’, a commercial site, through the formation of a cooperative.
In addition, various measures for migration and life are implemented. If a tree has been planted, the cost of replanting the tree will be paid, and the LH employees discovered this time have been found to have planted a lot of seedlings, such as willows, in the land where they lived and said they would do farming.
As a result of this incident, there is a growing concern that there may be cases where workers in public institutions in charge of land development such as LH or public officials of local governments obtain internal information and directly or indirectly pre-acquisition the land of the planned development site.
In particular, as it was revealed that some of the LH employees had deliberately divided the land of the Gwangmyeong Siheung New City, about 1,000 square meters each, an analysis that they were aiming for a cooperative transferable housing site or an apartment specialty.
(Gwangmyeong = Yonhap News) Reporter Kim In-cheol = Prime Minister Jeong Sye-gyun said in the announcement of the first investigation result of the Korea Land and Housing Corporation (LH) suspicion by the government joint investigation team on the afternoon of the 11th, regarding the speculation of land in a new city by LH employees, “The government He declared war,” he said, and said, “We will carry out the supply of public housing that we originally planned to stabilize the housing market.”
The photo shows the Gwangmyeong Siheung Business Headquarters of Korea Land and Housing Corporation (LH) in Gwangmyeong, Gyeonggi this afternoon. [email protected]
For this reason, there is an opinion that in terms of other means other than cash compensation, such as immigrant housing or negotiated transferable housing, it is necessary to differentiate the land owner who has only ownership from the natives who have actually lived for a long time.
In a recent questionnaire on the issue of the National Land Transport Committee, a plan was suggested to subtract simple land owners from compensation for negotiated transfers, and the Minister of Land, Infrastructure and Transport Byun Chang-heum also expressed sympathy, saying that it was a “good opinion”.
Along with this, a plan is also proposed to compensate in proportion to the period based on how many natives have actually lived in the area and engaged in production activities.
It is reported that the government is considering such a plan from various angles.
Due to the current situation, public officials and employees of public enterprises related to development projects such as LH are excluded from compensation for land, and investment in land is virtually banned.
In fact, it is true that the government has been contemplating how to activate compensation for the land in recent years. This is because the development of large-scale housing sites, such as the third new town, is simultaneously carried out and tens of trillion won of land compensation is released, which can act as a detonator for the market.
At the beginning of this year, the revised bill of’Rules on Housing Supply’ was issued to reduce the area of land subject to supply of housing land for negotiated transfers in the metropolitan area from 1,000 square meters to 400 square meters.
However, due to the recent controversy, such incentives for compensation for land will inevitably shrink.
An official from the Ministry of Land, Infrastructure and Transport said, “There are various concerns regarding the land compensation system, so we are looking into various ways to improve the system.”
Some are concerned that the gap between the public announcement date and the designation of the district is too wide, and in the meantime, a behavior aiming for more compensation, such as improvising temporary buildings or urgently planting trees, may be achieved.
Usually, at the time of designation of the district, appraisals for land compensation are in full swing, but recently, it may take place for nearly a year from public announcement to district designation.
For example, in the case of Captain Bucheon, the public announcement was made on May 7, 2019, but the district designation was made only on May 27, last year, more than a year later. Namyangju Wangsuk, Incheon Gyeyang, and Hanam Gyosan were announced on December 19, 2018, and were designated as districts on October 15 of the following year.
One appraiser who requested anonymity said, “In the past, there was not a long term between public announcement announcements and district designation, but these days, there are many cases where the designation of districts is delayed due to more procedures such as collecting residents’ opinions.” Can intervene,” he said.
Of course, compensation managers, such as LH, are also responding to the status of electricity, water, and telecommunications use, as well as collating aerial photographs for accurate compensation, conducting various inquiry activities.
Shin Tae-soo, president of the land compensation and real estate development information platform’Zoozon’, said, “Currently, the benefits according to the period of land holding are not differentiated, so speculative demand may rapidly inflow.” “The government differentially applies taxes such as capital gains tax on land compensation. It is possible to effectively respond to speculative demand by applying it.
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2021/03/11 16:34 sent