The article is from the public number: Daily Economic News (ID: nbdnews) , the original title was: “ Korea push super building ToneControl policy: housing prices exceed 9 million, loans are not allowed! The result was very embarrassing “, the title picture comes from: the worm creative.

The house price was originally high, and the full price was required to buy a house. The policy was introduced yesterday, and it will be implemented today. South Korea ’s strongest real estate control policy has come.

According to the new policy, loans are forbidden when purchasing real estate equivalent to more than 9 million yuan in parts of Seoul, and all purchases must be made in full. In addition, the government also lowered 900 million won. (about 5.4 million yuan) The loan amount of the above real estate has been raised by several sets. Housing holders’ property tax rates, etc.

The Blue House of the South Korean Presidential Palace even suggested that high-level staff with more than two homes in the capital area sell “redundant” real estate to cope with the property market regulation measures.

However, according to the Global Times, Korea ’s house prices have risen without falling due to a series of adjustments. Some commented that the control measures were “the worst failure in history” . Since Moon Jae-in ’s government came to power, South Korea has introduced a total of 18 measures to curb housing prices, but no significant results have been achieved.

01 It really is “Jiangnan style”! New rules for buying a house: No loans are allowed to buy more than 9 million properties here

According to CCTV Financial Report, on December 16, the South Korean government once again launched a series of real estate market regulation policies on the recent high housing prices, stipulating government-designated real estate including multiple areas in Seoul and some surrounding areas. In over-invested areas, housing guarantee loans are prohibited when purchasing real estate with a market value of more than 1.5 billion won, or more than 9 million yuan.

AlsoThat is to say, in the future, when buyers buy real estate with more than RMB 9 million in these areas, they must buy it in full.

In addition, the government also lowered the loan amount of 900 million won, which is about RMB 5.4 million or more, and raised the property tax rate of multiple housing owners.

The new regulations have been called by South Korean public opinion to date, the strongest in South Korean real estate regulation and control policies.

The new regulations on high-value real estate loans introduced by the Korean government were announced the day before, and were officially implemented the next day, leaving no room for market response. In addition, in order to avoid both parties to real estate transactions in order to obtain loans, the transaction price was intentionally suppressed to less than 1.5 billion won. The “market price of 1.5 billion won” mentioned in the new rules is based on the market price assessed by the relevant government review agency, and has nothing to do with the transaction price.

The market is expected to be hit the most in Seoul’s Gangnam district known as the “Rich Man District”. According to data from the Real Estate Information Agency, the market price of 70.9% of properties in Gangnam District, Seoul, currently exceeds 1.5 billion won, and all these properties will need to be purchased in full in the future.

One-fifth of South Korea ’s 50 million people live in Seoul, and nearly half live in Seoul ’s capital. The rise in housing prices has become one of the main reasons why many people in South Korea do not get married or have children. How to fundamentally expand the supply of housing and curb the rise in housing prices has become an important issue for Korean society.

02 Qingwatai: It is recommended that senior staff members sell excess property, leaving only one set

In addition to enlarging recruitment at the policy level, the Korean government also made recommendations to public officials.

According to surging news quoted by Yonhap News Agency, Cheongwadae proposed on the 16th to have more than two houses in the (Seoul and surrounding areas) in the South Korean capital. The staff above the level of secretaries and secretaries retained only one set of real estate and sold other real estate to coordinate with the property market regulation.

Image source: Yonhap News Agency

Yin Daohan, chief secretary of Qingwatai Civil Affairs, said that Chief of Staff Lu Yingmin advised senior staff to lead by example and actively cooperate with the government’s “12 · 16 property market control measures.”

According to the Yonhap News Agency, there are 11 senior staff members of the presidential palace with more than two houses in the overheated areas of the property market such as the three districts of Gangnam in Seoul. Because there is no legal basis for compulsory house sales, the presidential palace cannot sanction those who refuse to respond, but public opinion will supervise the relevant personnel. The declaration of property for public officials next March will reveal whether senior staff have responded to the call.

03 Embarrassment: House prices have skyrocketed after a heavy blow to curb house prices

Since the government of Moon Jae-in took office in May 2017, including this new rule, the South Korean government has introduced real estate control policies 18 times, but house prices have risen without falling.

“Korea Economy” reported on the 17th that after the “12 · 16 countermeasures” were introduced, the South Korean government announced the “2020 real estate price announcement and increase the reliability of the public price announcement plan”, and High-priced housing prices in districts and other placesSoaring, with an average increase of 20% -30%.

The South Korean capital includes Gyeonggi and Incheon in and around Seoul. The area of ​​the metropolitan area accounts for 12% of South Korea’s area, and more than half of the nation’s hospitals and universities are concentrated in the metropolitan area, resulting in housing shortages. The most expensive land in South Korea is the location of a cosmetics store located on 8th Street in Myeongdong, Jung-gu, Seoul. The publicity price in this area increased from 91.3 million won per square meter last year to 183 million won this year.

Panorama of Seoul (Image source: Korean National Daily)

Global Times reporters saw on the Korean real estate website that house prices in Gangnam District, Seoul ranged from RMB 60,000 to RMB 160,000 per square meter. According to South Korean media, the actual transaction price of an 84-square-meter apartment near a subway station in Gwangmyeong, Gyeonggi-do last month was 1.07 billion won, while the price of the apartment was less than 800 million won in July this year, a surge of 200 million won.

South Korea’s “Korean National News” published an editorial on the 17th, saying that in response to the South Korean government’s successive strong real estate countermeasures, some media and opposition parties have voiced opposition. South Korea’s “North Korea Daily” believes that “this is a violation of private property rights”, South Korea’s “Central Daily” advocates “this is irrational anti-market behavior”, some opposition parties even call this “economic dictatorship.”

Since Moon Jae-in ’s government took office, South Korea has introduced a total of 18 measures to curb housing prices, but none have achieved significant results. Hong Nam Ki, the Minister of Planning and Finance of the Republic of Korea, said that although various measures have not achieved the expected results, the government has made up its mind to curb housing prices.

The article is from the public number: Daily Economic News (ID: nbdnews) .