government has decided to drastically lower the threshold to make reconstruction projects easier.
In the future, even if the building is strong, if life is uncomfortable due to problems such as parking or drainage, it will be possible to promote reconstruction.
The key to this countermeasure is to speed up the reconstruction project, which has been slow in the past, by loosening regulations.
The ratio of 'structural safety', which accounted for the most in the safety diagnosis, was significantly lowered, and the residential environment and facility deterioration were more reflected.
Even if the apartment is not old enough to be demolished and rebuilt, it is possible to rebuild even if life is inconvenient, such as lack of parking space, leaking plumbing, or severe noise between floors.
The scoring criteria for determining whether a reconstruction is judged will also change.
Currently, it can only be rebuilt when the total score is 30 points or less, but it expands the target to 45 points or less.
[Kwon Hyeok-jin/Head of the Housing and Land Office, Ministry of Land, Infrastructure and Transport: We expect that the number of complexes that have passed the safety diagnosis will greatly increase and reconstruction will be activated according to this rationalization plan.]
If a conditional reconstruction decision is made, the compulsory adequacy evaluation of public institutions is also virtually abolished.
This is the 9th apartment complex in Mok-dong, Seoul, which was finally eliminated in the second safety diagnosis two years ago.
If the new standards are applied this time, it is expected that apartments in Nowon-gu, Seoul, including this Mok-dong apartment, and apartments in the 1st new city will benefit.
These apartments are in an atmosphere where expectations are growing for the deregulation plan today (8th).
[Realtor in Mok-dong, Seoul: If the reconstruction is a little easier, then the purchase tax will be attached and the sales price will go up.
It is expected that there will be a phenomenon of recalling the property or raising the price.] With
this deregulation, 14 complexes that could not be reconstructed will be subject to a new judgment, and 12 complexes will be able to be reconstructed immediately, the government said. I looked ahead.
(Video editing: Lee Seung-hee, VJ: Park Hyun-woo, CG: Jeon Yu-geun)
Let's find out more about the reconstruction story with Jo Yoon-ha, a reporter from the Ministry of Economy.
Q. Successive deregulation, how will the market react?
[Reporter Cho Yoon-ha: With this measure, all three major regulations related to reconstruction have been lifted, such as the upper limit on the sale price, the redemption system for excess profits from reconstruction, and safety diagnosis.
So today I looked around and did some research on real estate.
Usually, when a deregulation policy is announced, people who want to buy a house ask if there is a sale, and the landlord reaps all the properties that are for sale.
But this time, only a few landlords contacted me, and there were few inquiries from buyers.]
Q. Why is the market reaction quiet?
[Reporter Cho Yoon-ha: The effect of high interest rates is significant.
Since the interest rate is too high, I am thinking of borrowing money to buy a house, but this is not possible.
Also, the real estate market has already entered a slump, to the extent that apartment sales prices across the country have fallen for 31 consecutive weeks.
In particular, reconstruction takes 10 years even if it passes a safety diagnosis, and since money keeps going in while doing construction costs in the middle, it has an impact on business.
Let's listen to the expert's analysis.]
[Kim Gyu-gyu/Director of Korea Investment & Securities' Asset Succession Research Institute: There are still many variables to speed up the reconstruction because there are still many stages such as business approval, disposal, and migration.]
Q. 'Regulations' Is there a possibility that side effects will occur?
[Reporter Jo Yoon-ha: That's right.
When the economy is revived, this may now act as a spark for soaring house prices.
In particular, the biggest beneficiary of this measure is the old Gangnam complex, which has a lot of cash reserves even if its business potential is a bit low.
Reconstruction on this side is expected to become more active, which may be a market stimulus factor in the future.
And recently, the city of Seoul continues to loosen regulations such as the height limit on the 35th floor, and as the government and local governments are simultaneously easing regulations, it seems that the government will have to take measures in advance to adjust this in the face of rising house prices later. .]
(Video editing: Lee Seung-hee)