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Controversy is emerging when Democratic Party lawmaker Jin Seong-joon proposed an amendment to the Basic Housing Law regulating “one home, one house” as a principle of housing policy. The key point is to add the content of “a basic home to own and reside in a house” in article 3 ‘Basic principles of housing policy’. He also added the principles of “Do not allow housing to be used to disrupt the market for the purposes of proliferation or speculation of assets” and “Priority offer to those who do not own a house or intend to live in it.” Several members of the Euljiro Committee of the Democratic Party were included as co-sponsors.
Joint Proposal to Amend the Basic Housing Law of the Ruling Party
As controversy grows, a Facebook article blaming the media
Namki Hong “Supplies 460,000 houses next year”
41,000 apartments in Seoul
The opposition party criticized it as a “socialist bill”. On the 22nd, Kim Hyun-ah, an emergency countermeasure for the Popular Power, wrote on Facebook: “It is no longer anti-market, and it is openly ‘Guatemala as socialism'”. Representative Park Soo-young also noted that “a socialist bill to restrict private property is fearsome.”
There was also concern among experts that the amendment could be unconstitutional. Bae Byung-il, professor at Yeungnam University School of Law, said: “It is against the constitutional spirit of private property rights to specify a house for a home in basic principles.” In-ho Lee, a professor at Chung-Ang University School of Law, also criticized: “It will enforce and influence policies in the future regardless of punishment, but completely ignoring the concept of property rights protected by law. Constitution”.
In response, Congressman Jin explained that this afternoon, “It is not at all that we do not allow multiple single-family homes.” However, the controversy intensified after sharing an article on Facebook about the unconstitutional opinions of jurists and posting “Professor, what did the reporter say and ask for your opinion?” He said, “Did you say that Seong-jun Jin introduced a bill that restricts a house and a house? Or did they say they came up with a bill that establishes a house for a home as a basic principle that government housing policy must adhere to? “The post was followed by criticisms such as” Don’t play with words. ”
Meanwhile, Vice Premier Hong Nam-ki and the Minister of Strategy and Finance said on the day that “next year, we will supply 460,000 housing units, including the 11/19 supply measures, and 310,000 apartment-based units.” According to the number of occupants, 278,000 units in the metropolitan area and 83,000 units in Seoul are the main points. Among them, there are 319,000 apartments, 188,000 in the metropolitan area and 41,000 in Seoul.
This can be interpreted as a post measure to rise in house prices in Seoul again. You are trying to stabilize market sentiment by sending a signal to the housing market that there is enough supply. However, it is difficult to see it only as a rose.
Vice Premier Hong said: “The number of occupants exceeding the average level will be supplied to help stabilize the market.” The average level in the 10-year average (2010-2019) is 457,000 units. However, in the last three years (2017-2019), it is 571,000 units per year. Compared to this figure, next year’s supply will decrease by more than 110,000 units. There is also an imaginary number here. This is because the government added the number of 36,000 units, which was increased rapidly last month through the renovation of the hotel to solve the burning crisis in Jeonse. In particular, the number of apartments occupied by market demand (319,000 units) is 69% of the total. This year, the proportion of the apartment supply (78%) is expected to decrease by 9 percentage points. The remainder are said to be furnished as row, multi-family and multi-family homes. In Seoul, less than half of the apartments are supplied.
Reporter Oh Hyun-seok and Yeom Ji-hyun, Internal Reporter Kim Soo-hyun [email protected]
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