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President Moon Jae-in’s inclusion of Land, Infrastructure and Transportation Minister Kim Hyun-mi as a replacement target in the day 4 shakeup is interpreted as an intention to appease public real estate sentiment, which recently it has deteriorated beyond all control. However, as Korea Land and Housing Corporation (LH) Chairman Byun Chang-heum, appointed as successor, has insisted on expanding public rental housing and strengthening the burden of real estate ownership, there is no a significant change in real estate policy.
Cheong Wa Dae emphasized that “it is not difficult to say that the performance has been slow or that it has not been achieved.” However, there have already been many remarks inside and outside the government that “Minister Kim will be replaced before the end of this year.” Since the inauguration of Minister Kim in June 2017, despite 24 real estate measures, including the countermeasures of August 2, house prices have continued to rise and, since the revision of the Leasing Law this year, the markets Jeon’s and monthly rent have also been confused. In particular, “if the apartment is bread, I’ll do it all night” and “I’m sorry about the purchase tax”, “I’m sorry to say I’m 30 years old.”
Even with the change of the Minister of Land, Infrastructure and Transport, the general political stance of the government, such as suppressing demand and expanding public rental housing, is not expected to change. Candidate Byun, a former professor in the Department of Public Administration at Sejong University, is an expert in housing and urban planning. From 2014 to 2017, he served as the president of the Seoul City Housing and Urban Corporation (SH) of the city of Seoul, and was appointed president of LH in April last year. Immediately after the current government took office, he actively participated in the National Committee for Balanced Development, the Special Committee for Urban Regeneration and the Advisory Committee on Housing Policies, and also participated in the establishment of policies such as the roadmap of government housing welfare and the new urban regeneration agreement. Recently, as part of the charter measures of 11/19, it has also actively promoted the remodeling works of acquired rental homes and hotels and their supply to charter. It is known that he worked closely with former Blue House policy officer Kim Soo-hyun, who designed the current government’s real estate policy.
The Blue House told candidate Byun: “We have great knowledge of the field and experience in politics. It was hoped to create a realistic housing policy by examining the effects of existing policies and further accelerating the supply of quality housing. ”Professor Seo Jin-hyung of Kyungin Women’s University, President of the Real Estate Association of Korea said: “It is the task of candidate Byun to achieve market stability with policies that conform to the principles of supply and demand by changing direction from the current political stance of the government.”
However, looking at the previous comments of candidate Byeon, it has been observed that there is a high possibility of strengthening the policies promoted by the current government. Candidate Byun said at the National Assembly in August: “The housing policy performance of the Moon Jae-in administration is more than ‘plain,'” and said: “I think it is the best among the Lee Myung administrations. -bak, Park Geun-hye and Moon Jae-in “. Furthermore, in a press interview in the past, “The Moon Jae-in administration should push fiscal policy or rent control policy more aggressively.” “To protect tenants, you must be allowed to live a stable life for at least six years. Personally, I think ‘3 + 3 years’ is good. “In terms of balanced regional development, he has also insisted on relocating national institutions and educational institutions such as the National Assembly and Seoul National University.
According to the official public property report released last March, candidate Byeon owns a single house with an apartment in Bangbae-dong, Seocho-gu, Seoul. Including apartments, a total of 6.486 million won was reported.
Sejong = Reporter Lee Jong-sun, Reporter Lee Taek-hyun and Jo Min-ah [email protected]
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