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Concerns are becoming reality that the Korea Land and Housing Corporation’s (LH) alleged land speculation will disrupt the government’s 2 · 4 supply measures.
The 2 · 4 countermeasures designed to stop the “panic buying” that arises from anxiety that there will be a shortage of homes in the city center is speed warfare, but the momentum to promote it is remarkably low.
According to the Ministry of Lands, Infrastructure and Transport and the National Assembly on the 14th, the legislative follow-up work to promote the core contents of the 2 · 4 supply countermeasures is struggling.
The party’s government originally planned to pass a follow-up bill in March, prepare for the review of the executive decree, and enforce before June.
However, these bills could not be presented at the general meeting of the Land, Infrastructure and Transportation Commission of the National Assembly on the 12th.
Between measures 2 and 4, ‘development of the public housing complex in the city center’, promoting the high-density development of station areas, semi-industrial areas, low-rise residential areas, etc., ‘maintenance project implemented directly by public institutions’, which is led directly by LH, etc., and maintenance projects were added to urban regeneration The ‘Residential Regeneration Innovation District Project’ is a key way to expand the housing supply to the center from the city.
In 20 days, the Party government initiated amendments such as the ‘Special Law on Public Housing’, the ‘Law for the Improvement of the Urban and Residential Environment’ and the ‘Special Law for Revitalization and Support for Urban Regeneration’, which are the basis of these projects. after bars 2 and 4 were entered. I have a barre.
However, the bill was only submitted to the National Assembly and was not supposed to be the starting procedure for a full-scale discussion, such as referral to the bill’s subcommittee.
Since the bills exceeded the meditation period (15 days) on a 12-day basis, it was a situation that could be done if they were assumed.
However, considering the rest of the schedule of the National Territory Commission, it is theoretically impossible to assume it during this month.
A National Assembly official said: “If the opposition parties agree, it may be possible to speed up the schedule, but for now, isn’t it realistic to rush the follow-up legislation to measures 2 and 4, with the main content of the development method, like the public taking a lot of money, like LH? “He said.
The core of these projects proposed in the second and fourth measures is to provide incentives, such as the dissemination of urban regulations such as the area coefficient, on the premise of the outstanding participation of public institutions such as LH. The idea was to expand the housing supply by allowing public institutions to solve problems that the private sector could not solve on its own, allowing businesses to function in places where development projects have not been promoted until now.
However, now that public trust in LH has plummeted, there is less justification to persuade the LH-led development method.
The second and fourth countermeasures have been controversial since before by implementing a strong anti-speculation measure that does not grant the right to move if the real estate of the planned development site is acquired after the date of the announcement of the measures. However, it was revealed that LH employees were speculating on the land prior to designation as a new city, inevitably intensifying opposition.
Therefore, it is said that it will be possible to push the legislation seriously at least after the results of the alleged speculation in the new city of public officials are known and follow-up measures are taken such as the reorganization of LH and the preparation of countermeasures to They have been prepared to prevent recurrence.
The government plans to announce at least some of the candidate sites for the proposed development method in the second and fourth measures this month after receiving a request from local governments, but cannot guarantee a box office success.
Minister Byun Chang-heum took responsibility for the LH crisis and became the ‘Minister of Time and Time’ who resigned after performing only basic legislative work after measures 2 and 4. will be replaced early in April, but the invoice will be processed accordingly, it is a situation where we cannot guarantee it will be possible.
Along with this, some of the disruptions were unavoidable for the third new city development project, which is also part of the second and fourth measures and is the core and most specific of the government’s housing supply measures.
First, Siheung New Town in Gwangmyeong, which received the most backlash from Measures 2 and 4, is tainted with speculation from LH employees and even claims that it has been left blank.
The National Council of Solidarity Countermeasures for Public Housing Districts recently held a press conference and said: “The indigenous peoples of the new cities demanded strict regulations on behalf of countermeasures against property speculation, but LH employees drew information about development in advance and speculated on land for 10 billion won. “” The third new city should be abolished and the ongoing procedure to accommodate and compensate for the new city should be stopped. “
The fact that LH employees have dug a loophole in the land compensation system by acquiring more than 1,000 square meters of land and targeting a negotiated transferable property is revealed, and it is questionable whether the ongoing compensation will be adequately achieved. In a situation where there is a loud voice that improvement of the land compensation system is required.
An official from the Ministry of Land, Transport and Maritime Affairs said: “It is a situation where the credibility of the policy is seriously damaged by the LH crisis, but should we proceed as planned?” He said.
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