“The government will not tolerate making a house a speculative rather than a residential space.”
Kim Hyun-mi / then Minister of Land, Infrastructure and Transport (August 2, 2017)
“Cheongwadae official… recommends removing one house and disposing of it if there is no unavoidable reason”
Roh Young-min / then Blue House Chief of Staff (December 16, 2019)
“...I hope that you will find out about the status of housing for high-ranking officials as soon as possible and take measures to sell them as soon as possible in the case of multi-family dwellings.”
Jeong Sye-kyun / then Prime Minister (July 8, 2020) )
The Moon Jae-in government has declared war on real estate from the beginning of the regime.
At that time, Minister of Land, Infrastructure and Transport Kim Hyun-mi showed a strong will to set house prices and announced real estate measures 24 times in three years and six months, and implemented a policy to have multi-homeowners dispose of real estate. As the truth was revealed, the Moon Jae-in administration was embroiled in the so-called 'Nambul' controversy.
After that, did the high-ranking officials of the Moon Jae-in government dispose of the multi-family houses as the government wished?
The SBS data journalism team's errands analyzed the history of property disclosure for 5 years (2018-2022) from 2018, when the Moon Jae-in government's first regular property disclosure was implemented, to this year, the last property disclosure.
In particular, we paid attention to the property details of high-ranking public officials in multi-family houses, which were controversial in the current government.
Prior to the analysis, the hangover reveals the analysis criteria.
In order to classify multi-housing persons, among the property details, the public official and his/her spouse owns at least two apartments, apartments (sales rights), multi-family houses, multi-family houses, officetels, officetels (sales rights), complex buildings (houses + shopping malls), and two or more row houses. In one case, it was included as a multi-residential person, and in the case of co-ownership (shared share), it was analyzed as one.
A high-ranking public official's bright side... Seocho > Gangnam > Songpa
The government strongly recommended the disposal of multiple houses to high-ranking officials with multiple houses after the remarks of then Chief of Staff Roh Young-min in December 2019.
I was told to dispose of the rest of the real estate except for the house to live in unless there is an unavoidable reason, but if you look at the property details of public officials in 2019 just before that statement, the ratio of multiple houses among high-ranking officials in the central government was actually high.
Of the 749 high-ranking officials in the central government, 237 (31.6%) lived in multiple houses.
However, whether the government's active directive to high-ranking multi-housing officials to dispose of multi-family houses was actually effective, three years later, this year, only 134 out of 816 people were multi-housing (16.4%), and the ratio dropped by half.
In other words, it means that many high-ranking officials who own multiple houses have disposed of their houses and left a so-called smart house.
In terms of metropolitan area, 8 out of 10 people including Seoul 58.8% and Gyeonggi 22.6% seem to have one in the metropolitan area.
Most of the central government offices are located in Sejong, but the majority of high-ranking officials have their homes in Seoul and Gyeonggi Province.
On the other hand, only 6.8% of the respondents chose to live in Sejong, which is close to their workplace.
In particular, in Seoul, where the ratio is the highest, it was concentrated in the 3 districts of Gangnam, with the highest proportions being Seocho-gu 25.6%, Gangnam-gu 19.8%, Songpa-gu 12.9%, Yongsan-gu 5.6%, and Yangcheon-gu 4%.
In terms of apartment prices alone, Joo Jin-suk, director of the Korea Film Archive of the Ministry of Culture, Sports and Tourism, reported an apartment in Banpo-dong, Seocho-gu at 4,154.3 million won, the highest, followed by Lee Yong-hoon, president of the Ulsan Institute of Science and Technology, 39 For 100 million won, Chae Hee-bong, president of the Korea Gas Corporation of the Ministry of Trade, Industry and Energy, reported 3.47 billion won for Dogok Rexle Apartment in Dogok-dong, Gangnam-gu, and Ahn Seong-wook, vice chairman of the Anti-Corruption and Civil Rights Commission, reported 2.929,99.85 million won for Banpozai Apartment in Banpo-dong, Seocho-gu.
However, in the above amount, the higher of the 'public price' and 'actual transaction price' is recorded, and the 'actual transaction price' is not the price at which the recent actual transaction was made, but the sale price at the time the house was acquired, that is, the past 'acquisition price'. If the past acquisition price is lower than the quoted price, it is eventually written as the quoted price, avoiding market price reflection.
Selling Sejong's house...leaving a house in the metropolitan area?
Although both the metropolitan area and Sejong City owned a house, 12 of the government officials who left one house on the recommendation of the government sold the Sejong house and left one house in the metropolitan area.
Representatives include Lee Tae-han, Senior Citizen of the Blue House, Baek Il-hyeon, head of the government affairs evaluation office of the Office of Government Policy Coordination, and Park Gye-ok, a standing member of the Anti-Corruption and Civil Rights Commission. case.
Kim Seong-dal, policy bureau chief of the Citizens' Alliance for Economic Justice (Gyeongsil-ryon) interpreted that the fact that high-ranking public officials eventually left a bright house in the metropolitan area, not their workplace, was interpreted as not having the will to implement the 'neighborhood' real estate policy.
In the first place, the government sent down major ministries to Sejong City in order to prevent overcrowding in the metropolitan area in order to prevent overcrowding in the area of balanced regional development and to practice regional decentralization. If you choose , there is a problem.
Director Kim explained, “Owning real estate in the metropolitan area and selling real estate in the area where you need to live is only showing yourself that you have no will to solve the myths about the invincibility of Gangnam and the invincibility of the metropolitan area.”
'Multi-homeowners' who endured to the end... The ratio of ownership in the metropolitan area has risen
The government strongly recommended but what about the multi-family dwellers who endured to the end?
Compared to two years ago, the proportion of public officials with multi-family houses decreased, but the concentration of real estate owned by them in the metropolitan area was 76.4%, up 2.4%p from two years ago.
In other words, it means that the real estate in the metropolitan area among the multi-family houses was left behind and real estate in other areas was sold.
Breaking down by region, Seoul (45.9% -> 46.4%), Gyeonggi (21.3% -> 22.7%) and Sejong (8.2% -> 8.93%) all increased from two years ago.
Regions excluding the metropolitan area and Sejong decreased.
Multi-housing officials also chose the metropolitan area, just like single-home owners.
Even within Seoul, the ownership behavior of public officials with multiple houses was similar to that of single-family dwellers.
Multi-family housing was concentrated in Gangnam 3 district, or 50.3%, followed by Seocho-gu with 21.6%, Gangnam-gu with 19%, Songpa-gu with 9.7%, Yongsan-gu with 5.1%, and Mapo-gu with 4.9%.
Half of the real estate in Seoul with multi-household public officials is concentrated in Gangnam 3-gu.
In terms of the total wealth of multi-homeowners, Moon Young-ho, CEO of the Arts Management Support Center of the Ministry of Culture, Sports and Tourism, received 6,217,59 million won, Lim Jun-taek, chairman of the Fisheries Cooperative Federation of the Ministry of Oceans and Fisheries, 5,234.21 million won, and Park Jong-seung, director of the Defense Science Research Institute at the Defense Acquisition Program Administration, was 4.752 billion won. analyzed as a circle.
The number of multi-family houses has decreased, but the number of real estate assets has increased?
Public officials with multiple houses in the central government also increased their real estate wealth.
Their total real estate property this year is 743.776.19 million won (2020 = 546.59251 million won), which is a 36% increase compared to the 2020 real estate total, despite the decrease in the number of apartments owned two years ago.
Looking at the average amount, it was 670 million won this year, up 36.5% from two years ago.
Reporting: Bae Yeo-un Graphics: Ahn Jun-seok Data: Kang Dong-yong