Real Estate: Economy: News: Hankyoreh



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Newspaper column during the chair in 2007
Excessive profit for first-time public housing buyers
If there is no infinite supply, you must look for an alternative.
Provision of low-cost land repurchase / lease conditions

2019 Yellow Sea Culture Article
Despite the huge supply supply in the 1970s and 1980s
80-year autonomy rate 58.6% → 2015 56.8%
Only the homeless, not the homeless, are satisfied

On the morning of the 8th, the candidate of the Minister of Land, Infrastructure and Transportation, Byeon Chang-heum, will attend the hearing preparation office at the Seoul Regional Construction Management Office.  Yunhap news

On the morning of the 8th, Byeon Chang-heum, Minister of Land, Infrastructure and Transportation, nominated, will attend the hearing preparation office at the Seoul Regional Construction Management Office of the Government’s Gwacheon Complex. Yunhap news

As the chairman of the Korea Land and Housing Corporation (LH) was appointed as the next Minister of Land, Infrastructure and Transport, Byun Chang-heum is drawing attention to “ self-owned public housing ”, known as the long-held belief of candidate Byeon. On the 8th, looking at reports and articles published in academic journals, where candidate Byun was a professor at Sejong University in the 2000s and recently as LH president in the 2000s, independent public houses are ‘public housing pre-sale with enhanced advertising. ‘ According to a column written in 2007 when he was a professor in the Department of Real Estate at Sejong University, “If the problem is with pre-sale public housing, which generates excessive market profits for first-time sellers due to a reduction in At pre-sale prices, it is also possible to provide unlimited public rental housing to homeless people suffering from housing instability. If it cannot be supplied, new alternatives must be found ”. He cited as examples of privately owned public houses with land rental and conditional buyback. Land rental housing, which is owned by the first buyer only for the building and public ownership of the land, can be offered at a low price as the price of the land is reduced. The redemption condition grants the property to the first seller, but when the sale is made, the market share gains can be shared by the public (buyback), not the market (resale). In particular, the repurchase condition housing, which was listed as a “ half price apartment ” during the 2006 local elections, was piloted in Bugok district, Gunpo, but was evaluated as failed because there was no many subscription requests. The land rental department also supplied 100 million won to Bogeumjari’s home in Seocho during Lee Myung-bak’s administration, but it is currently trading at 1 billion won, which is reported as a failure case that did not resolve. the problem of lottery sales. However, looking at candidate Byeon’s writings, it appears that candidate Byeon holds the view that the failure at the time was due to the introduction of a stubbornly outdated method without establishing a legal basis for drastically lowering the sales price. Candidate Byun, who took over the LH presidency in April last year, met with reporters from the Ministry of Land, Infrastructure and Transport in August last year. The pilot project was carried out in Gunpo, but it was not successful at the time, but if the pilot project had been carried out in Pangyo, it would have been a great success. ”In particular, Candidate Byun is a house close to ten million in the 1970s and 1980s, including the Yushin administration (2.5 million ten-year house construction plan), the Chun Doo-hwan government (5 million house construction project), and the Roh Tae administration. woo (construction of 2 million houses, development project of five new cities for the metropolitan area). He pointed out the problem of the rich rich poor and the poor poor in the Korean real estate market, where the offer has been made but their own participation is falling.In “ Is housing supply policy a panacea? ” he wrote in March 2019, he said that even with a massive supply of housing, the self-occupancy rate decreased from 58.6% in 1980 to 56 , 8% in 2015, instead of 1.8 percentage points. In particular, of the increase in privately owned homes from 2013 to 2016, 22.4% (52,028 units) of the homeless bought only 22.4% (18.74 units) and 77.6% (18 , 74 units) were purchased by the owners. I saw that there is a limit to the deepening of inequality. On the other hand, President Moon Jae-in said, “I hope you will make special efforts, such as sufficiently discussing the supply plan that the new minister candidate (Byeon Chang-heum) is envisioning with the Ministry of Finance,” while receiving a Vice Premier Hong Nam-ki’s business report. By Jin Myung-sun and Lee Wan, Staff Reporter [email protected]



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