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As the Democratic Party and the government started a public competition for private business operators for the ‘Everyone’s House Project’ proposed by Democratic Party Chairman Song Young-gil, they decided to allow the upper limit of the sale price up to the price that applied 1.5% annually to the appraised price at the time of the public offering. This is to ensure that construction companies pa..

The government will come up with a plan to revise the presale price review guidelines as early as September. This is due to the growing demand from the construction industry that, in the process of expanding the pre-order for private apartments, different local governments need to start with the different standards for pre-sale prices. According to the Ministry of Land, Infrastructure and Transp..

The biggest feature of the 3rd new city is that it is closer to Seoul than the 2nd new city. Wangsuk 2-ga, Namyangju, which is about 5 km away from the border of Seoul, is the furthest from Seoul among the 3 new towns. Among the seven new housing sites in the metropolitan area announced by the Ministry of Land, Infrastructure and Transport on the 30th, new towns are somewhat different from the r..

On the 27th, the announcement of occupants recruitment for 1,900 long-term jeonse housing, a pledge of Seoul Mayor Oh Se-hoon, was released. In a situation where the price of jeonse has soared due to the shortage of jeonse and it is difficult to even find jeonse, it is supplied at half the price of the nearby market, and there is an opinion that it is a 'lotto jeonse'. According to the announcem..

The reason behind the government's bet on early housing supply by expanding the pre-order volume of more than 100,000 households on the 25th is that the supply plan alone is insufficient to stabilize the current unstable housing market. It is a calculation to alleviate the 'panic buying' (buying out of fear) by advancing the supply schedule and enabling homeless end-users to secure new homes in ..

A married couple, Han (37) and Kang (34, female), who have been married for six years, have frequent quarrels lately. The reason for the conflict is ‘home’. In 2017, four years ago, her wife offered to buy an apartment, but her husband insisted on renting it out, saying she was “concerned about house price adjustments.” Her wife, Kang, said, “The house I was looking for at that time has gone up ..

“In 2016, I opened a pub near Sungshin Women’s University and made a lot of money. We opened two more stores and, thanks to that, we moved house, so it is a store with good memories, but as the university commercial area collapsed due to Corona 19, it became too difficult to open the store.” On the 12th, Mr. A, who runs a pub near Sungshin Women's University in Seoul, said with tears that he was..

In Seoul, the proportion of apartment purchases in their 20s and younger reached a new high for two months in a row. As house prices soared and jeonse prices skyrocketed, it seems that a lot of young people are rushing to buy a house even if they are in debt. It is pointed out that even people in their 20s with high incomes cannot afford a house price in Seoul only with loans from financial inst..

On the 3rd, Gyeonggi Governor Lee Jae-myung, a powerful presidential candidate of the Democratic Party, unveiled the 'basic housing' policy. The key is to supply more than 2.5 million housing units within the term of office and to provide basic housing for more than 1 million households. Governor Lee held a 'third policy announcement press conference' at the National Assembly Communication Hall ..