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The candidate for Minister of Land, Infrastructure and Transportation, Byeon Chang-heum (pictured), announced the plan to actively develop station areas, semi-industrial areas and village cluster areas to expand the housing supply in central Seoul . However, it is noted that it does not differ from the existing housing policy under the premise of ‘public participation’ and ‘return of the benefits of development’.
Candidate Byun said in an online conference with the Ministry of Land, Infrastructure and Transport on the 18th, “various regulations that have been applied for various purposes have restricted the supply of housing,” he said. “We will carefully review the coherence between the policies and reconcile the conflicting parties.
He diagnosed: “The current housing supply in the metropolitan area is sufficient, but people want a better environment and a higher quality of life.” He said: “We will continue to provide sufficient quality and affordable housing in the city.”
The semi-industrial area of Seoul is 20㎢ similar to that of Bun-Nun city, and the low-rise residential area is 111㎢, a total of 131㎢, and it is explained that a sufficient number of housing can be provided developing it.
However, candidate Byun said that development projects (through deregulation) could stimulate not only the area but also the prices of nearby houses, so it is necessary to prevent this thoroughly. He emphasized that “the supply plan will be prepared with an institutional mechanism to block speculative demand and redeem development gains.”
Real estate experts agreed that candidate Byun mentioned the expansion of supply and deregulation, but considering the premise of advertising, it is practically the same as the existing policy. It is explained that the slow public reconstruction in key areas such as Seoul and Gangnam was due to the disappearance of the promotional merit due to the redemption of development benefits. It is noted that the fact that speculative demand is mentioned is that it has not been possible to adequately see the current situation in which house prices in the country are registering the largest increase in history, focused on end users.
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Minister of Land, Infrastructure and Transport candidate Byeon Chang-heum (photo) said: “I think we should provide enough pre-sale housing for those who have been waiting for a house, not just housing for public figures.” Specifically, the development of high-density semi-industrial areas and village cluster areas around metro stations was suggested. “There are 307 subway stations in Seoul, but the average floor area ratio near the station is 160%, which is a low-density development.”
Regarding the development of the semi-industrial area in Seoul, he said, “The development conditions are sufficient with a scale of 20㎢ similar to that of Bunnu city.” Candidate Byun explained: “In keeping with the fourth industrial transition (revolution), we can offer sufficient innovative housing and spaces.”
Candidate Byeon emphasized public development. He said: “If the current level of regulations like parking lots, roads and sunlight rights are applied in low-rise residential areas, more than half of the existing houses cannot be rebuilt to the current scale.” Furthermore, since it is difficult to carry out the project by a single private company, ‘public promoters’ like LH (Korea Land and Housing Corporation) should take the initiative and share the benefits of development with the society.
Candidate Byun cited the examples of Livgoche, a new city that developed and developed a subway station in Paris, France, and Hudson Yard, a new residence in Manhattan, New York, USA. He presented: “In the case of Paris and New York, the public was the main planning entity and, in cooperation with the private sector, we implemented drastic city deregulation of public sites, and the proceeds from development were used to expand cultural facilities and provide affordable housing for low-income families.
Eventually, it is interpreted as the intention to expand the housing supply in a manner similar to the public reconstruction and redevelopment proposed by the government through the ‘8 · 4 real estate measures’ this year. Lee Chang-moo, a professor of urban engineering at Hanyang University, noted that “if the public participates and redeems the gains from development, the possibility of private participation is low,” noting that “the market cannot stabilize with the existing policies. “
Candidate Byeon said on the 17th that the government’s expansion of regulated areas of real estate “I think was an inevitable measure to stabilize the market.” Last month’s “11/19 measures” aimed at expanding public leases are said to be effective. He predicted: “Since remodeling for multi-family homes, hotels and shopping centers can be delivered in six months to a year, it will help alleviate anxiety about jeonse.” However, Professor Kwon Dae-jung from the Real Estate Department at Myongji University said: “The supply of housing through the redevelopment of multi-family houses, hotels and shopping centers does not help much to alleviate the demand for jeonse. Said.
Candidate Byeon also apologized for generating controversy over his past words and actions. Candidate Byun attributed the cause of the ‘Guui Kim Gun Station’ accident to the victims when he served as president of the Seoul Urban and Housing Corporation (SH Corporation) four years ago, and said that people living in Shared housing as ‘people who cannot live’ have recently passed away. It caused controversy. He said: “I am sorry that my comments have caused you concern,” he said. “In the future, I will reflect more deeply and act more strongly as a candidate for public office.”
Reporter Jinseok Choi / Yeonsu Shin / Yeonil Jeong [email protected]
