As cheonsei prices continued to rise, the balance of jeonse loans at major banks this year has increased by nearly 23 trillion won in 11 months.



This is the first time in history that the annual increase in leased household expenses exceeded 20 trillion won.



As of the end of November, the balance of loans to the five major commercial banks exceeded KRW 103 trillion.



According to the banking sector, as of the end of November, five major commercial banks, including KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup, totaled 103.3 trillion won in jeonse loans.



Compared to the end of December last year (80 trillion 4532 billion won), this is an increase of 22 trillion 886 billion won.



The cumulative balance of out-of-generation loans of the five major banks rose to 80 trillion won in December of last year, then surpassed 90 trillion won in May this year and exceeded 100 trillion won in October.



Looking at the monthly increase, it recorded a record-high of KRW 2,73.4 billion in February, followed by an increase of KRW 2 trillion in March (2.2 trillion won) and April (2.3 trillion won). Continued.



After that, in May and June, it went down to KRW 1 trillion for a while, and then in July (2 trillion 201 billion won), August (2,4157 billion won), September (2.6911 trillion won), and October ( 2,5205 billion won), showing an increase of 2 trillion won for 4 consecutive months.



This is the first time that the monthly leasehold increase has reached 2 trillion won for four consecutive months.



In particular, July-September is the off-season in the charter market.



It can be interpreted that the steep increase in rent for rent is due to a surge in rent for rent.



In the first half of the year, as the government tightened regulations on loans and increased demand for jeonse, the increase in cheonsei fund loans was exceptionally large.



As the real estate market made it difficult to obtain mortgage loans to buy expensive homes in order to catch the overheating of the real estate market, demand for housing decreased and demand for jeonse increased, leading to an increase in jeonse prices.



In addition, in November last year, demand for the'last car' to receive a loan from February to March was concentrated as the government introduced a new regulation to prevent loans from homeowners with a market price exceeding 900 million won.



In the second half of the year, due to the government's implementation of a new lease protection law, the rise in rental prices in Seoul and across the country was even steeper.



In particular, due to the fact that the rented price jumped sharply due to the shortage of rented supplies, renting out of rented houses increased like a snowball.



However, in November, the number of out-of-house households, which had exploded for four months, only increased by KRW 1.65 trillion, and the trend of the increase was more ‘lazy’ than the previous one.



This is interpreted as the influence of some banks in managing the total amount of household loans, such as suspending jeonse loans until the end of the year in some cases.



Woori Bank has'conditional restrictions' on Woori Bank's chartered loan products from the end of October to the end of December.



Earlier, Woori Bank's jeonse loans have surged to over 2.7 trillion won in the two months of September and October because the interest rate for jeonse loans was kept lower than that of other banks.



In addition, Nonghyup Bank's loan-to-deposit balance decreased compared to the previous month for two consecutive months in October and November due to the influence of the highest interest rate set among the five major banks.



In the banking sector, it is not expected that the increase in leased households will slow down significantly in December.



An official from a commercial bank said, "The fact that there was a demand to secure a jeonse contract in advance to move in accordance with the school district of children in a state where the jeonse price has risen and a lot of jeonse quantity has disappeared is the main cause of the increase in leased households in November." The phenomenon continues, and the growth rate of all generations will remain above a certain level.”



(Photo = Yonhap News)