Gyeongsil-ryeon “The three-year rise in apartment prices in Seoul by the Wen government, 4.5 times higher than that of the Lee Myung-bak and Park Geun-hye governments”

Entry 2020.11.11 16:02 | Revision 2020.11.11 17:23

The Citizens’ Federation for the Practice of Economic Justice (Gyeongsilryeon) announced the results of a survey that the average rise in apartment prices in Seoul for about three years after the inauguration of Moon Jae-in’s administration was 4.5 times higher than the increase in the period of the Lee Myung-bak and Park Geun-hye administrations.

Kyungsilryeon said on the 11th, “From 2017 to this year, the price of apartments in Seoul has risen 58% from an average of 26.2 million won per pyeong to 41.5 million won per pyeong.” did.

According to Kyungshilryeon, the average rise in apartment prices in Seoul’s Gangnam 3 districts during the three years of the current administration was 2.65 million won per pyeong, about 4.5 times higher than the increase in 5.97 million won in the nine years of the Lee Myung-bak and Park Geun-hye administrations.

The rise in apartment prices in Bigangnam averaged 1.21 million won per pyeong over the three years of the current administration, about 6.7 times higher than the 1.8 million won increase in the nine years of the Lee Myung-bak and Park Geun-hye administrations.

The official price of apartments in Seoul increased by an average of 1,200,000 won per pyeong during the nine years of the Lee Myung-bak and Park Geun-hye administrations, but increased by 1,138 million won during the three years of government. current. The official price of apartments in the Gangnam area increased by an average of 1.68 million won per pyeong by the administrations of Lee Myung-bak and Park Geun-hye, but the current government rose by 22.95 million won in three years.

Gyeongsilryeon said, “For the current government, the rate of increase in apartment prices in Seoul was 14% and the rate of increase in official prices was 39%.”

He said: “When we apply the 14% increase rate in apartment prices announced by the government to the 2017 market price, this year’s quoted rate was 99.6%, so the government real estate statistics they are inconsistent. ”

On the other hand, according to the Gyeongsil-ryon, the rate of reflection of the quoted price as disclosed by the Ministry of Land, Infrastructure and Transport was 69%.