The Minister of Land, Infrastructure and Transport Kim Hyun-mi had a war with opposition lawmakers yesterday (10th) over the effectiveness of the'stepping stone (purchaser money) loan' of the Housing and Urban Fund.
At the plenary meeting of the National Assembly Preliminary Committee, Rep. Kim Hyung-dong said, "The average apartment price in Seoul is about 1 billion won, but the limit on stepping stone loans is too low," Kim said, "There are apartments under 1 billion won." I answered.
When Rep. Kim repointed, "(Stepping stone loan) is possible when you buy a house with less than 500 million won. It is too low for a 1 billion apartment," Minister Kim replied, "There are apartments under 1 billion." It.
Then, when Congressman Kim asked, "Do you have an apartment worth 500 million won?", Minister Kim said, "There is, it is also in the metropolitan area..."
At the same time, Minister Kim asked the questioner, "I live in Munchon Village, Ilsan, Gyeonggi Province. How much is Munchon Village?"
I mentioned earlier that Congressman Kim mentioned that he lives in Ilsan, Gyeonggi-do with Minister Kim.
When Congressman Kim replied, "It costs between 700 million and 800 million won," Minister Kim said, "It's more expensive than my house. You can buy my house with a stepping stone loan."
Rep. Kim also did not back down, saying, "It is difficult to borrow a stepping stone with the price of a house in downtown Seoul."
The stepping stone loan is a housing city fund that supports homeless people to build their own home.
You can get a loan of up to 260 million won when constructing a house under 500 million won.
(Photo = Yonhap News)