<Anchor> The

government has been proposing measures for real estate once again, and the ruling party continues to introduce laws to stabilize the market. In order to profit from the market price, and buying a house shortly thereafter, a way to increase taxes is also promoted.

Reporter Jehee Hee was covered.

<Reporter>

Representative Kang Byung- won of the Democratic Party proposed an amendment to the Income Tax Law that would allow the transfer of taxes of up to 80% on unearned income from short-term sales of real estate.

The amendment included 80% of the capital gains tax rate if the housing retention period is less than one year, and 70% if it is more than one year and less than two years.

In the previous 12/16 measures, it was strengthened more than 50% when the retention period was less than one year and 40% when it was less than one to two years.

The amendment also included raising the capital gains tax rate from the current 50% to 80% for the sale of concessions in the reconciled area.

[Park Yongdae/Participatory Solidarity, Director of the Tax Finance Reform Center: I have to show that even if I buy a house, it doesn't make money. It only strengthens the capital gains tax of multi-homeowners.] The

increase in capital gains tax has the effect of reducing speculative demand by lowering the expected return on home sales in the long run.

However, in the short term, it is possible to encourage'locking of property' or a gift.

[Shim Kyo-Eun/Professor, Department of Real Estate, Konkuk University: The freezing effect of supply, that is, the effect of drying seeds on the market, will be more serious. There will be a process of making a smart one, as senior officials will abandon the local house and choose the Seoul house... .] The

ruling party and the government are expected to announce the real estate measures in the near future that will increase the burden of holding tax and transfer tax on multi-homeowners and short-term sellers through consultations this week.

(Image editing: bakjiin)    

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