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Private statistical indicators indicating the level of supply shortage of jeonse reached the highest level in 19 years.
According to the ‘KB Real Estate Market Monthly Trend’ published by KB Kookmin Bank on the 31st, the jeonse supply and demand index nationwide in October was 191.1, 4.1 points higher than the previous month (187 , 0). It is the highest number in 19 years and 2 months since the count began in August 2001.
The jeonse supply and demand index is an indicator of jeonse’s supply shortage level and is recorded as a number between 0 and 200.
This number is collected through a nationwide survey of brokerages: the higher the number, the lower the supply of jeonse and the lower the demand.
Jeonse’s supply and demand index reached 97.9 until January last year, falling below 100, but in May of this year it exceeded 160.
In July, after the second leasing law was implemented, such as the previous and monthly roof system and the right to request contract renewal, it exceeded 180 degrees and exceeded 190 degrees this month.
Starting in August, as more tenants chose to live in an existing home for two more years with the right to apply for lease renewal, the volume of new public leases appears to have dropped and prices soared.
Seoul’s jeonse supply and demand index was 191.8, 2.4 points higher than last month (189.3), the highest level in five years since October 2015 (193.8).
Gangnam (193.0) was found to have less jeonse than Gangbuk (190.5).
The supply and demand index for jeonse in the metropolitan area was 194.0.
It is the highest figure in 7 years and 1 month since September (195.0).
Gyeonggi-do has the lowest charter offer since May 2015, 5.8 points more than last month at 195.7, and Daegu has tallied at 197.1, confirming that it reached the highest level since July 2003.
The local supply and demand index for jeonse was 196.1 in Gwangju and 189.9 in Ulsan, the highest level in 9 years, 7 months, and 9 years and 8 months respectively, and Daejeon (191.0) was the highest. high in 3 years and 11 months.
President Moon Jae-in said in a correctional speech on the 28th that he will “stabilize the jeonse market by writing it.”
In addition, the Ministry of Lands, Infrastructure and Transportation and the Ministry of Strategy and Finance are also discussing the expansion of fiscal contributions and the adjustment of the rules for obtaining public rental housing.
The main real estate countermeasures mentioned so far are the introduction of “presale housing with heritage equipment” and “medium-sized public rental housing”.
However, some believe that the issues currently being discussed will not be able to satisfy those who dream of ‘making a home’.
The real estate policies proposed by the government can help common people or newlyweds with insufficient assets to acquire a home, but if the purchase of shares is not completed, the public and private profits should be distributed according to the proportion of participation and rent during that period. Because you have to pay.
Another reason is that even after the policy is introduced, pre-sale is expected to be possible from 2023, so it is not reasonable to solve the immediate jeonse crisis.
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