<Anchor>



Some point out that even if the government loosens regulations like this, it is still difficult for end-users to borrow money from the bank to buy a house because the interest rate is so high right now.

In addition, there are concerns that deregulation to revive the real estate market will later become a kindling that encourages house prices to rise again.



Next is reporter Jo Yoon-ha.



<Reporter>



Last year, apartment prices across the country fell by the largest margin ever, and as transactions disappeared, the number of unsold apartments soared.



This is the background for the government to come up with deregulation measures to prevent a hard landing. 



In July of last year, comprehensive real estate tax was reduced for multi-homed people, and in October, loan regulations were lifted to make it easier to borrow money and buy a house.



A month later, all regulated areas were lifted except for Seoul and four Gyeonggi provinces.



Subsequently, the acquisition tax and transfer tax for multi-homed people were reduced, and loan regulations were eased.



With this measure, the real estate regulations created during the last government have been virtually lifted.



It is a measure to prevent a hard landing, but concerns are also raised that the regulations released all at once could stimulate speculation during a future rise in house prices.



In addition, with this deregulation, it seems that asset owners and multi-homed people will mainly benefit rather than end-users.



This is because the current interest rate is so high that it is burdensome for end users to borrow money from banks even if loan regulations are lifted after being excluded from the regulated area.



[Kim Gyu-gyu/Director of Korea Investment & Securities Asset Succession Research Institute: We are trying to overcome the transaction cliff situation even by using multi-homed investors, etc. .]



Experts believe that the transaction cliff phenomenon may ease somewhat and the decline in house prices may subside, but the effect will be limited due to high interest rates.



(Video editing: Shin Se-eun)



▶ All regulated areas except for Gangnam 3-gu and Yongsan-gu?

Expected effect...