Do you want to live on a monthly rent? Government-Kookmin Ilbo to offer ‘crazy support’ for Cheonsei countermeasures



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The government is considering ways to propose additional measures sooner or later in relation to the recent jeonse crisis at the national level. However, the effectiveness of the dispute is expected to remain at the level of complementary measures such as the expansion of the monthly rental tax credit and the expansion of the rental housing supply, while maintaining the existing policies that were noted as Causes of the jeonse crisis, such as the revised rental law and the regulations for multiple homeowners. There has also been criticism that the government is responding to “rent a lot” in a situation where end-users are clamoring due to rising jeonse prices due to a shortage of jeonse.

According to related ministries such as the Ministry of Land, Infrastructure and Transportation, on the 25th, the government plans to announce measures to stabilize the jeonse market starting this week. It is true that direct measures against the jeonse market, such as the revised leasing law, will not be included. Vice Premier Hong Nam-ki and the Minister of Strategy and Finance said in a state audit on the 22nd: “I have reviewed all the measures for jeonse for the last 10 years. (Now) There are not many sharp measures. “

Even in the days of the Park Geun-hye administration, the jeonse crisis continued from 2013 to 2015. Even at that time, the government devised a lease security policy through the measures of February 26 in 2014 and the measures of April 6 in 2015. However, the government did not consider the exemption of the transfer tax (2/26 countermeasures) or the reduction of the interest rate of the home loan for ordinary people (4/6 countermeasures) when use full leases after purchasing new homes that were offered at the time. In the days of the Park Geun-hye administration, the cheonsei crisis was only achieved in a situation where the selling price was stagnant, so the policy of converting jeonse demand into commercial demand could have worked.

However, in the recent situation, the possibility of lowering interest rates seems extremely low, as the listing price has already remained high and the government and the ruling party are blaming low interest rates for the cause of the jeonse crisis. The policy card that the government can use is not adequate.

For this reason, the cards currently being reviewed by the government are focused on indirect measures such as expanding monthly tax credits and expanding the supply of rental housing. Land, Infrastructure and Transportation Minister Kim Hyun-mi responded positively to the question from Park Sang-hyuk and Democratic Party lawmaker Park Sang-hyuk, who wanted to ease the burden on tenants through monthly rent tax deductions. , during a national audit on the 23rd, saying: “We will consult with the financial authorities. In-ho Song, head of economic strategy research at the Korea Development Institute (KDI), said:” Taking into account changes such as the trend of converting to jeon per month due to low interest rates or the expansion of one-person households, the monthly rental tax credit should be drastically extended to ease the burden of housing costs for tenants. “

Currently, if homeless households with an annual gross salary of 70 million or less live in a house with a standard market price of less than 300 million won, they receive tax credits of up to 7.5 million won per year. However, it is noted that the tax credit introduced in 2014 is not practical for the current price of the real estate market. Furthermore, there is strong criticism in the market that the government is obsessed with local solutions while ignoring the root cause of the jeonse crisis. Hwang-soo Choi, a real estate professor at Konkuk University, said: “The jeonse deposit is used as a lever for homeless people to prepare their own house.”

Sejong = Reporter Lee Jong-sun [email protected]



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