According to this July 10 real estate measure, the multi-homeowner's tax burden on multi-homed people with a total market price of 4.3 billion won increased by 62 million won from 42 million won to 180 million won.

In the case of a house with a gain of 500 million won, the capital gains tax will increase by about 150 million won from 194 million won to 380 million won if one homeowner has less than one year.

The government explained, however, that this measure was aimed at multi-homeowners and short-term speculators, and that it has no effect on the tax burden of real-time homeowners and homeowners who have had homes for more than two years.

The following are the responses from the Ministry of Strategy and Finance and the Ministry of Land, Infrastructure and Transport on the issues raised after the announcement of the '7·10 Measures'.

- How does this increase in taxes affect three homeowners? ▲ As of this year, assuming 3 homeowners with a public price of 1.5 billion won in Seoul A Apartment, 1.3 billion cause in Daegu B Apartment, and 780 million won in Busan C Apartment, the total price of 3 houses this year is 3.67 billion won. With a final tax of 479.79 million won.

In the case of more than 2 houses and 3 houses in the reconciled area, this measure corresponds to the increase in the middle tax rate.

In Seoul, the tax burden of two homeowners with two houses worth 1.5 billion won and 1.3 billion won will increase by 42.26 million won from 26.65 million won to 68.86 million won.

- How does it affect 1 homeowner? ▲ If you own a house for a long time or you are an elderly person, the effect of raising the final tax is not significant.

For the 58-year-old Mr. A, who currently holds a Seoul home worth 3 billion won, for three years, the final income tax of this year is 18.92 million won, but next year, it will rise to 14.48 million won, with 29.4 million won.

The result reflects an increase in tax rates and an increase in the public price.

On the other hand, the final tax to be paid by Mr. B, a 65-year-old first-generation homeowner who owns a house for 10 years, has risen to 1.26 million won from 7.6 million won to 882 million won during the same period.

As Mr. B is an elderly person and a long-term holder, the rise is relatively small.

As of last year, homes with a published price of 3 billion won or more are 0.01% of the total.

1 Housing The housing tax rate of more than 900 million won is 1.6% of the total housing.

- It is pointed out that there is a problem to block the'retirement' by strengthening the transaction tax in a situation where the holding tax burden is increased. ▲ This is an inevitable measure to demonstrate to the market the government's strong will to block speculative demand by lowering the expected return on housing speculation.

The point is that the capital gains tax middle tax rate for multi-homeowners and short-term speculators in the reconciled area has been increased.

However, the increase in the capital gains tax rate is applied from the house transferred after June 1, next year (based on the final tax rate in 2021), and is expected to have the effect of inducing the sale of a house that is not for the purpose of real residence before that.

- The tax burden on 1 homeowner also increased with the increase in the transfer tax rate for short-term homeowners and the long-term special deduction for 1 homeowner through the December 16 measures. ▲ The government designed the system so that the three burdens of real demand and one homeowner were not affected in accordance with the principle of eradicating speculative demand and protecting real demand.

This measure raises the tax burden on short-term speculative transactions with multi-homeowners in the reconciled area, so it does not affect the burden on real estate and 1 homeowner's tax.

For example, in the case of a home with a gain of 1.5 billion won and a transfer value of 2 billion won with a transfer price of 500 million won, the transfer tax would be from 190 million won to 348.25 million won if 1 homeowner had less than one year. In the case of holding more than 1 year to less than 2 years, the transfer tax, which was 173.6 million won in the current system, will increase by 129.9 million won to 293.85 million won. .

However, if you hold it for 3 years, the transfer tax is 50.97 million won and there is no change in the tax burden.

The addition of the term of residence period to the special deduction for long-term holding of first-generation homeowners announced in the '12/16 countermeasures' also does not affect the tax burden of single-homed one-homeowners.

However, the shorter the residence period, the greater the tax burden.

For example, Mr. A, who has acquired for 1 billion won and has transferred for 2 billion won for 10 years, has a transfer tax of 273.73 million won, but there is no change in the tax burden. Mr. Han B's tax burden will increase from 26.73 million won to 83.33 million won.

- There are concerns that multi-homeowners will choose a gift as a bypass to avoid a tax bomb? ▲ According to the July 10 real estate measures, the maximum tax rate for transfer tax has increased to 72%, but the gift tax is generally higher because it is imposed on the entire house price.

When donating a house with a capital gain of 800 million won with a market capital of 2 billion won, the gift tax is 640 million won, but the transfer tax is 300 million won (general area) to 550 million won (more than 3 houses in the reconciled area).

The high transfer rate is not a big concern as a means of bypass.

- There are many concerns that the rent may rise due to the increase in the final tax. ▲ The effect of raising the final tax only occurs in some of the regulated areas that own expensive homes.

Even if the tax burden increases, it is unlikely to lead to a rise in overall asset value, and the charter market is expected to remain stable.

The number of apartments in the metropolitan area in the second half of this year is about 110,000 households, 17% more than the previous year.

- What are your future housing supply plans? ▲ The'Ministry of Land, Infrastructure and Transport, Seoul Housing Association', which has been operated to increase housing supply in downtown Seoul, has been linked to a working group within the Working Group to discuss in earnest from this week.

We will develop results and secure idle sites in the downtown area, and promptly inform the progress.