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now on, I will invite Kim Sang-jo, head of the Blue House Policy Office, to discuss various issues.

Hello, Chief.



[Kim Sang-jo/Cheong Wa Dae Policy Officer: Yes, hello.]



Q. House prices have entered a'stable tax'?



[Kim Sang-jo/Cheongwadae Policy Officer: June, July, August, I think the stability of the trading market is taking place through the government’s real estate measures.

However, the government is well aware that there is instability in the cheonsei market for the common people. I think the transition period may be prolonged as there have been rapid changes in the market structure, such as the introduction of the'Three Lease Act' and the virtual abolition of the private purchase rental system.

However, the government is preparing measures to relieve the inconvenience of the common people through the stabilization of the jeonse market even during the transition period.

If you are uncomfortable, please wait a little longer.]




Q. Stability of the jeonse market, what measures?



[Kim Sang-jo/Cheongwadae Policy Officer: Building and supplying a new private house will take a long time.

Therefore, if it is a short-term countermeasure, the part of converting vacant apartments or detached houses to jeonse or converting commercial offices to residential use. The government is considering a number of alternatives that can further promote leases, especially through public institutions such as LH and SH, to increase the amount of jeonse.]



Q. Real estate prices, status quo?

Recovery?



[Kim Sang-jo/Cheong Wa Dae Policy Officer: I think that the President’s statement is a principle word that expresses the government’s will, and it is not possible to bring the price of 20 million houses nationwide in one direction and one number. I think.

Even in small and medium-sized cities in the provinces, prices are often falling.

In this regard, we are aiming for an overall soft landing, but in some overheated areas, the government will create and consistently implement measures to ensure a certain stabilization effect.]



Q. 1 Property tax reduction for homeowners, 600 million won Below?

Less than 900 million?



[Kim Sang-jo/Cheong Wa Dae Policy Officer: The story that is going on almost at the same time as the property tax cut is related to the taxation of capital gains from the major shareholders, so I would like to explain both at once.

In November alone, there is an immediate presidential election in the United States, and in some sense, such as the spread of a pandemic in Europe (global pandemic), there is a growing uncertainty about what direction factors that have an important influence on the direction of the real estate and stock markets will go. .



Therefore, how the government will handle the property tax of 600 million and 900 million, and how to tax the capital gains of the major shareholders is also concerned in terms of tax policy, but also in terms of how to alleviate market uncertainty. Yes, there was a lot of discussion on this part between the party administrations, and it can be said that some basic direction was taken through the discussion yesterday (1st).

So, considering the uncertainty of the market, I think that I will be able to tell you the specific details not too far away.]



Q. The Korean version of the New Deal, what are the specific details?



[Kim Sang-jo/Cheong Wa Dae Policy Officer: The core of the Korean version of the New Deal is what we have to do, and let's do what we can do better and faster and bolder. Then, regarding the specificity, the government announced 10 major signature projects, but how would you divide these many projects into 10?

In fact, there are 600 specific projects in detail. Among them, the so-called'Signature in Signature' project that can be felt by the public is now selected, and I am trying to carry out a lot of such projects that the people can feel in their lives.]



Q. Is it a public job or a quality job?



[Kim Sang-jo / Blue House Policy Officer: The main targets for public jobs are the elderly and young people.

First of all, if I tell you about the job for the elderly, there is a regret that it is too much to undermine it.

As you all know, Korea is the country with the fastest aging rate, while the safety net for the elderly is very lacking.

Therefore, I hope that you will understand that providing jobs to the elderly is the most urgent life aid. On the other hand, in the case of youth jobs, the job you are currently doing may not be a permanent job. We believe that experience will be a very important experience in exploring a career path in life and envisioning a new business.]