<Anchor>

Kind economy, reporter Kwon Ae-ri today (12th). Reporter Kwon, Is there a lot of interest this week?

<Reporter>

Yes. This morning, the government and the ruling party meet to coordinate the final proposal. It will then be published soon.

The exact details can only be seen at the time of the presentation, but since this is a matter of great interest, let me briefly describe the direction that is currently being discussed. It is a system not to be left alone.

The price of land, the cost of building an apartment, and, in a word, set the price of the sale at a level that does not deviate significantly from the 'cost' required for construction.

This is where the government wants to limit home prices. First of all, Seoul's Gangnam area, reconstruction complexes in the metropolitan area like Gwacheon and Gwangmyeong, and places like Yuseong-gu, Daejeon are likely to be affected.

Why? There are criteria for applying an upper price limit. The standard is the price level in the area where the complex is located.

Now, in the last three months, the neighborhood's house prices have to rise by more than twice the price. But it is said that it will include a plan to lower this double condition.

Even if house prices have risen by prices, we do not consider applying. This will increase the chances of the neighborhoods just mentioned being in the sphere of influence.

<Anchor>

Some complexes are in a hurry to sell because of the cap. Of course, the stages of the reconstruction complexes will be decided, but haven't been announced yet?

<Reporter>

There may be more tuning this morning. Anyway, the complexes that are undergoing reconstruction are the most curious.

However, the pre-sale cap is now deciding whether or not the pre-sale cap will be applied before entering the stage of building a new apartment.

However, even if you have already been approved for administrative disposal, it is a strong idea to change the application time so that the pre-sale cap is applied.

What that means is that complexes where residents are moving now, complexes that are being demolished after relocation, and complexes that are ready to be sold, may be subject to an upper price limit.

This would include several complexes that were now scheduled to be expensive for famous complexes in the Gangnam region of Seoul.

It is the same place as the ivory 2nd, Shinbanpo 3rd, Banpo Gyeongnam, and Dunchon Jugong reconstruction complex in Samsung-dong, Gangnam, Seoul.

That's why there are some places that are already considering changing the way of sale to avoid the cap.

Overall, the impact on the housing market is huge. If the final draft comes out today, I will give you another look tomorrow.

<Anchor>

Let's look at another measure the government is considering. We will temporarily consider proposing short selling in the stock market. I would like to review the room for a limited time. Please explain what the short selling is and why.

<Reporter>

Yes. There are so many words in the news these days. And I think I'll be coming out a lot in the future so I can tell you a little more easily.

In short, short selling is an investment technique in which stock prices fall to make money. Our short selling method is to borrow and sell stocks that I don't have.

If A stock is 10,000 now, and you expect it to fall to 5,000 won tomorrow, you sell A at 10,000 won.

As expected, if A drops to 5,000 won, he then pays back the loan. What happens? Since I borrowed 10,000 won and bought it again for 5,000 won, I earn 5,000 won for the price that was dropped.

But if A runs for 15,000 won because the forecast is wrong. I lose that much. This system has led to a shorter drop in stock prices this month, which led to an average increase of short selling by 40% per day from last month.

There's a lot of short selling in anticipation of stock prices going down. This is where complaints of ordinary individuals, the so-called ant investors, began. Short selling is a tricky investment technique that is rare for individuals.

As it is exclusive property of foreigner and institution. In fact, this month's short selling deals accounted for 65% of foreigners. Only 34% had institutions and only 1% had individuals.

So the downside is worse for individuals because of the large handed-out institutions and foreigners betting on downside. That's why the damage is getting bigger.

There are reasons for having a short selling scheme. But now, as individuals become a place to complain about such anxiety, we are looking at the ban for a limited time.