<Anchor> The



amendment to the Income Tax Act, which eases the standard amount of non-taxable transfer tax for one homeowner from 900 million won to 1.2 billion won, is scheduled to be processed at the National Assembly plenary session tomorrow (2nd).



The purpose is to solve the phenomenon of locking up properties due to the burden of transfer tax, but reporter Hyung-woo Jeon interviewed on the spot whether it was actually effective.



<Reporter> This



is an apartment in Daebang-dong, Dongjak-gu, Seoul.



The market price of 800 million won two years ago is now 1.5 billion won.



According to the existing tax-free standard, the transfer tax must be paid 95 million won, but if the relaxed standard is applied, it will be 60 million won less.



If the transfer tax exemption standard passes the plenary session tomorrow, it will be applied from about a week or so later.



In consideration of this, the market is delaying the balance due to early next year.



[Accredited real estate agent in Dongjak-gu, Seoul: Since such a word (transfer tax relief) has already come out, I have plenty of balance days. I think they will all benefit.] I am



interested in whether the lockdown will be resolved as much as lowering the transaction tax, but the market outlook is skeptical.



1 The sale of homeowners is often a transfer, so it is difficult to become a factor in increasing the supply in the market.



Loan regulations continue, and ahead of next year's presidential election, opposition and opposition candidates have made promises for tax reform, and many consumers are waiting.



[Jihae Yoon/Senior Researcher of Real Estate R114: In the current regulatory environment, it seems difficult to interpret that a single-homeowner’s sale comes out just by raising the tax-free standard.] The



passport also discloses the fact that the transfer tax for multi-homeowners is in the process of increasing the sale and the review of the relief card However, the government objected, saying it could undermine policy coherence and cause confusion in the real estate market.



[Kim Gyu-gyu / Director of Asset Succession Research Institute of Korea Investment & Securities: It is known that there is no discussion with the government, so it is very confusing in the market, and there are judgments that are not highly likely to be applied because there is not much time remaining. ]



Even if the heavy transfer tax is eased according to the will of the ruling party, if the cut is not large, the lockdown may continue in anticipation of additional cuts by multi-family homeowners.



(Video editing: Park Chun-bae, VJ: Park Hyeon-woo)