The government announced the lifting of the third real estate regulated area this year.
As the sense of crisis increased from falling house prices, a preventive response was needed.
Let’s take a look at the main contents of today’s ministerial meeting on the real estate sector with a journalist from the Ministry of Economy.
The further withdrawal of the real estate regulatory area was previously announced last month. I was interested in how much was going to be released, but most of the metropolitan areas were released.
The real estate regulated area was lifted in early September. It was released again after two months and appears to have been released fairly quickly. Is there any reason the government is speeding up deregulation?
At today’s meeting there was also the issue of liberalization on real estate loans. I heard the LTV mitigation times were shortened, but how fast was that?
To what extent will government deregulation affect the market? As interest rates continue to rise, it is also observed that a significant effect is difficult to expect.
Yonhap News TV Article Requests and reports: KakaoTalk / Line jebo23
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