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Let's talk a little more about this tax with reporter Jang Hoon-kyung of the Ministry of Economy.
Q. Did you get the property tax, house price?
[Reporter Hoon-Kyung Jang: The tax enhancement plan was prepared as one of the measures to stabilize the housing market in July of last year. As you said, there was an expectation that if the property tax was raised, multi-family homeowners would put their houses up for sale. However, even after the measures were announced, the median price of an apartment in Seoul rose from 900 million won to 100 million won in just one year, exceeding the 1 billion won mark.
There were real concerns about whether multi-family homeowners would give their homes to their families rather than give them up because of the property tax concerns, but looking at the statistics, it was. In one year after the 7/10 measures, the transaction volume of apartment sales in Seoul by owners of two or more houses decreased by about 10,000 cases compared to the previous year, but the number of apartment donations in Seoul increased by 8,000 cases during the same period. In addition, there are still concerns that some landlords may pass the increased tax to tenants due to the tax burden.]
Q. Will the market for sale increase?
[Reporter Hoon-Kyung Jang: The common opinion of experts is that the property for sale will not increase significantly at the moment because the transfer tax has been raised at the same time as the ownership tax has been raised in the July 10 measures. In addition, the next property tax base date is June 1 next year, and there are many prospects that multi-homeowners will endure while waiting for the election results in March next year.
But coming up also view the comprehensive real estate tax strengthening would differ little, this time as a well as a notice or bluff level to experience the actual bill, so when leave the so-called bright little one chaeman can come a movement to disposal from mid-priced apartments in the metropolitan area and the province.]
( Video editing: Kim Jong-mi)
▶ 950,000 people
pay 5.7
trillion won…
"Multi-homeowners and corporations 90%"
▶ Average market
price of
2.5 billion 1 homeowners 500,000 won...
3 times higher dissatisfaction