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It was revealed that the National Assembly passed the Housing Lease Protection Act without sufficient revision, which caused a shock to the youth and monthly rental markets. A real estate agency in central Seoul last month.[News1[뉴스1[Notizie1[뉴스1
On the 10th it was revealed that the Democratic Party, which approved and implemented the housing rental protection law (the right to request contract renewal, the maximum limit for relocation and monthly rent) in three days, applied the change in law despite the side effects. The fact that the related document was published on the website of the Democratic Research Institute, a think tank of the Democratic Party, was announced later. In the Internet real estate community, “You know, you moved on … Comments like” How many people suffer “” not incompetence, but bad “have been aligned.
Democratic Party, Seminar on the stability of the June lease
“Fear of rising prices and shrinking supply”
At that time, the experts pointed out, but they ignore
Fully implemented after one month with no additional measures
This document is the presentation of the “Housing Field” held by the Democratic Party on June 30, one month before the law was revised. Hosted by the ruling party’s public welfare conference, the Euljiro Committee and the Democratic Research Institute, the theme was “Residential lease stabilization policy.” The topic was presented by Im Jae-man, a professor of real estate at Sejong University, and was attended by about 10 Democratic Party lawmakers, including Yoon Gwan-seok, senior vice president of the Democratic Party’s Political Committee.
At the seminar, the issues were discussed in detail during the introduction of the tenancy law. ▶ The special feature of the jeonse system which is unique to the Korean market ▶ The price of jeonse will temporarily increase at the start of the system.
In particular, Professor Lim pointed out: “There is a possibility that a landlord who is concerned about not being able to raise the jeonse price enough to increase in the future will increase the jeonse price significantly to compensate for the loss. at the beginning of the contract “. It is also expected that the supply of rental housing will contract and inventory will decrease to avoid neglect, deterioration of quality and regulation of rental housing due to rental regulation. Foreign cases of exceptions to avoid this or incentives to owners have also been introduced in detail.
Professor Lim advised: “Since the lease law has a great impact, we need to prepare sufficiently before it is fully implemented” and advised us that “we must have solutions and countermeasures for the problems”. Among the legislators who attended the seminar, there was a conference that “we have a lot to study”. However, the Tenancy Act entered into force on July 31st with no additional measures.
There was also content in the document that gave an idea of the context of the legal process of the tenancy law. At the seminar of the day, Attorney Lee Kang-hoon of Participating Solidarity said, “If you leave the discussion to the Legal and Judicial Affairs Committee, you won’t just go to the so-called bill like the 20th National Assembly. He insisted that it should. be passed immediately.
Even knowing the problem, the cost of mandatory execution is high. Due to the jeonse shortage, there was a chance to queue up and cast lots to see the jeonse house. The price gap has widened to double in case of renewal of the existing rental agreement and in case of a new one. According to the actual transaction information of the Ministry of Land, Infrastructure and Transport, the exclusive 76.79 m2 area of Eunma Apartment in Daechi-dong, Gangnam-gu was rented for a deposit of 830 million won (9 Floor) on the 31st of last month. That’s double the amount of a lease for a 420 million won deposit on the 16th of last month, two weeks ago. The industry sees that last month’s transaction was a 5% renewal of the charter transaction, which was signed for 400 million won two years ago. However, the government and the ruling party are consistent with the market turmoil. “We have to bear the temporary impact of the change in the jeonse market system” (Lee Ho-seung, chief economic officer of the Blue House) or “It’s hard to say because of the jeonse crisis and the 3rd Lease Act” (minister Kim Hyun-mi).
In this regard, Rep Yoon Hee-suk said on Facebook on the 10th: “It is a natural virtue to pretend to be ignorant to avoid recognizing a political failure. He stressed that this pain belongs to ordinary people who have few resources. ”
Reporter Han Eun-hwa [email protected]
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