APT 分讓價 自律化 이후 住宅 市場 活性化 方案에 關한 硏究

아파트 분양가 자율화 이후 주택시장 활성화 방안을 연구했다.

The housing sale price control policy had been modified into "upper-limited housing price" and "cost-linked system". But its main function was to enable to government to directly control the housing prices to foster middle-class people against the principle of market economy. As the year-long recession of housing market has been more aggravated by IMF bail out program. So, one began to feel to feel liberalization of housing price, due to such problems rigid financing, shortage of financing, insolvent housing construction companies, recession of housing construction business, stable housing price, restructuring of housing markets, reduced conflict around supply of houses.

After all, government has bothered to liberalize the housing sale price of apartment houses in an effort to activate the real estate market and relieve the housing construction companies of their difficulties. As the government allowed the private housing constructors to determine the prices liberalizationly for the private houses constructed on in the capital area in 1998, the conventional housing supply program initiated by the government had to be changed on the full scale. With this liberalization of apartment sale prices, the medium-large size apartment to which high premiums were added under the past price control system can be priced at the market level.

Here, the goals lie in control of speculative temporary demands, guaranty of construct's proper profits and promotion of construction market. As it is, the positive aspect of the liberalized housing sale prices may be the change from the past suppliers' market to consumers' market. On the other hands, as constructors can price their houses under no obligation of constructing a certain ratio of small size houses, they may well prefer the medium-large size apartments which will assure them of a greater profit, while supplying the small size apartments only within the scope of support from the National Housing Fund, being unfavorable to the low-income class or homeless poor people.

The specific measures to activate the housing market by reinforcing the positive aspects of the free can be suggested as follows ; First, it is necessary to increase the supply of housing sites in the capital area - in particular Seoul in order to help lower the price of the sites affecting the housing prices most. Second, the public agencies policy make for homeless poor people or low-income class. It will be necessary to expand the tax and finanical incentives to increase the supply housing for poor homeless people, while controlling the construction of the medium-large size houses.

Third, depriving the National Housing Fund and reducing of first-class bonds revenues would cause great difficulties to the private housing funds, it is needed to expand fiscal or financing for housing, reinstate the roles of the public sector to support the lower-income households, and rearrange the housing tax system and distribution market.

Moreover, the construction companies in order to relieve of their increasing financial burden due to the post-constriction sales, the government is requested to divert some of the public funds or national bond management funds to finance construction companies, and they are also requested to secure their fluidity gradually and solve their financial problem. Third, it is necessary to expand the stock of the public land, reinforce its land supply and demand control functions Forth, the public agencies are requested to take initiative in the development of the quasi-farmlands, are engaged in the distribution of real estate to establish an order of the real estate market.

Fifth, the tax of housing transaction should be reduced, while that of ownership be increased to control the demands for medium-large size houses. It is hoped that the discussed above adopted to the changing real estate market would be useful to activation of the housing market.