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Recently, suspicions have arisen that speculators have reported real estate transactions at the highest prices and canceled them, thereby inflating the real price of the housing transaction. The government and ruling party are in a position to avoid this by allowing them to report the actual price of the transaction on the day of the contract, but if we look closely, it is questionable whether it will be effective. This is reporter Lee Kyung-guk. Among the apartments whose transactions were canceled after reporting last year, 1 in 2 in Seoul and 1 in 3 nationwide was the highest ever. On this, suspicions have been raised that speculators have made false transactions to manipulate market prices. The Democratic Party emphasized that manipulation of real estate transactions is a crime, that it is no different from manipulation of stock prices. The Democratic Party has ordered a full investigation and a forceful response beyond the penalty for negligence, and said it is pushing for a plan for the party to report real estate transactions on the day of the contract, which is required within 30 days. after the contract date. date of the contract. Land, Infrastructure and Transport Minister Byun Chang-heum also announced the same plan to the National Assembly. It means that the price of the transaction, as well as the subsequent progress, is revealed in real time through the ‘same day report’. The Democratic Party is expected to review the Real Estate Transaction Reporting Law through consultations with the government, focusing on members of the Ministry of Land, Infrastructure and Transportation. However, the reaction of the market and the real estate industry is cold. It is said that it is possible to cancel the contract only by speeding up the report date, so the effectiveness is weak and will only cause inconvenience. If the contract is canceled instead of the principle of the ‘same day report’ unconditionally, it is quickly reflected on the main portal sites, etc. It is noted that it is necessary to provide information only on the completed contracts in connection with the employment / registration tax return. In response, the Ministry of Lands, Infrastructure and Transportation explained that it plans to prepare a general system for managing real estate transactions, including changing the reporting deadline. YTN Lee Kyung-guk[[email protected]]is.