<Anchor> It
is a friendly economic time that selects and informs only the necessary information for life. Today (the 13th), I will be with reporter Kim Hye-min. We just told you through the news, but to get a reconstructed apartment for sale, you have to live there for two years. That this regulation is gone.
<Reporter> There
have been so many articles in the past, some of you must have known that they were already being applied.
A regulation that requires that members of the reconstruction complex must live for two years in order to receive a new apartment sale right was going to be enforced, but this was completely abolished yesterday.
I looked up an article on June 17 last year when this policy was announced. At that time, the government announced that when it was reconstructed in the overheated speculation district in the metropolitan area, it would be necessary to live in real estate for at least two years before giving the right to sell.
Also, the plan was to change the law by the end of last year. The calculation of the period of residence is specifically set from the time of purchase of the house to the time of application for sale by union members.
This was to prevent speculative forces who buy reconstructed apartments and rent them out, but this time the National Assembly Land, Infrastructure and Transport Committee opened a subcommittee on the National Land Act and decided to remove the content of granting residence obligations from the amendment.
<Anchor>
Reporter Kim, why did you suddenly decide to remove it like this?
<Reporter>
This is the first time that major policies have been omitted from the real estate measures announced by the government.
So, there was a concern that only the tenants could be harmed if the tenants were moved out and moved into the reconstruction complex.
In addition, it was pointed out that in the old reconstruction complex, the business could be stopped altogether if the house was old and a residence duty was imposed.
In addition, the fact that there are many reconstructed complexes such as the Gangnam area of Seoul and Mok-dong are already tied to the land transaction permission zone, so the 'duplicate regulation' was taken into account.
In the case of residential use within the land transaction permit zone, it must be used only for actual residence for two years. Sales and rentals are prohibited during this period.
It's very similar to a two-year residency requirement for a reconstruction complex. For these reasons, the law was not passed for a year due to opposition from opposition lawmakers, and was eventually repealed yesterday.
<Anchor>
Actually, the reasons we are talking about now are all stories that came out when this policy was first introduced. It seems like it was a situation in which only the homeowners and tenants suffered damage after taking time for nothing. In the end, the reason for this regulation was to prevent house prices from rising due to reconstruction. However, he said that this regulation made the reconstruction market more excited.
<Reporter>
That's right. The legislation was pushed forward in November last year, and from then on, the reconstruction market in Gangnam and Mok-dong was even more exciting.
As it became known that the conditions for exempting complexes that had applied for approval for association establishment before December 31 last year, complexes such as Hyundai Apartment in Apgujeong, Seoul, which had been slow to rebuild, hurriedly established the association.
In fact, from the end of last year to the beginning of this year, reconstructed apartments in Gangnam-gu, Seocho-gu, Songpa-gu, and Yangcheon-gu received approval for the establishment of the association one after another.
Reconstruction is accelerating, so the real estate market has taken this as a good thing. That is why, at the time, new prices were rising one after another, raising apartment prices together.
It was criticized for raising the price of major reconstructed apartments and instigating a jeonse uprising.
<Anchor> It was
. Reporter Kim, what I am most curious about now is how this will affect the real estate market in the future since the mandatory residence requirement has been deleted.
<Reporter>
I've heard the opinions of experts, and in general, I don't think the real estate market will suddenly become unstable. Let's hear it for yourself.
[Kim Gyu-gyu / Head of Asset Succession Research Institute at Korea Investment & Securities: There may be some confusion in the market, but since major reconstruction complexes in the Gangnam area are already tied to land transaction permit zones, it is difficult to purchase them other than for the purpose of real residence.]
As explained above, reconstruction complexes It is said that even if there is no provision for real residence for two years, similar regulations will be imposed due to the restriction on the land transaction permission zone, but opinions on the jeonse market were somewhat divided.
There was also a prospect that it could be of some help to supply and demand for apartment jeonse. There is such a thing as the right to request a contract renewal, which prevents the tenant's contract from being renewed when the landlord actually resides there.
Some argued that it was difficult to stabilize the jeonse market because a large number of landlords had already moved in with this and the two-year provision for real residence for reconstruction.
On the other hand, there are opinions that some of the reconstruction complexes in Gangbuk, which are not currently designated as land transaction permission zones, may stimulate investment sentiment as the previously announced regulations disappear.