* Translated by Papago

Starnews

President Lee Jae-myung who sold his house during his term in office..'PD Notebook' in-depth coverage of real estate measures for the 現 regime

Published :

Lee Seunghun

*This content was translated by AI.

/Photo = MBC's "PD Notebook"
/Photo = MBC's "PD Notebook"

The 'PD Notebook' covered changes in the real estate market.

MBC's "PD Notebook," which will air at 10:20 p.m. on the 10th, will unveil the "Homeless President VS Multi-Householders," which contains vivid concerns from the Korean real estate market and analysis by experts.

Currently, apartment prices in Seoul have been rising for 56 consecutive weeks. More and more people are giving up buying their own homes due to the steep rise in housing prices. In response, the Lee Jae-myung government declared a war on housing prices by introducing a strong real estate policy from the beginning of the new year. In particular, the market's interest is growing ahead of the end of the heavy transfer tax on multiple homeowners with two months left. Will the government's policy move the market.

◆ the endless price of a crazy apartment

The rise of the Seoul apartment market in 2025 when the term "crazy apartment prices" was so steep. Some say Seoul Mayor Oh Se-hoon's lifting of the land transaction permit system in February last year was the starting point. As regulations were eased, local investors entered the real estate market in Seoul, and an apartment in Apgujeong saw its asking price jump by more than 1 billion won in a week.

The problem is that this rise has spread along the Han River belt. When Apgujeong rises, Banpo rises, and when Banpo rises, the so-called "Maesong" area continued to rise. An apartment in Banpo, whose actual transaction price was 1.79 billion won in June, was traded at 3.1 billion won at the end of October, while a 32-pyeong apartment in Gwangjin-gu, which was traded at 1.5 billion won in 2024, jumped to 2.2 billion won in a year.

Since then, the land transaction permit system has been re-applied and the government has announced real estate measures three times in June, September and October, but the already heated market's rise has not been easily dampened.

In 2026, even though the president showed a strong will to regulate house prices every day, the market even sensed an atmosphere that "now is the last chance." Even during the Lunar New Year holiday, the real estate investment lecture hall, which costs more than 100,000 won, was filled with people, and it was hot to learn various ways to avoid multi-household regulations. The government to plug all the holes and investors who say there is a path to any regulation. The fierce brain game in the real estate market, who will be the winner.

◆ "We've played this game before"..the inner thoughts of multi-homeowners

In Seoul, there are about 370,000 multi-homeowners with two or more houses. The government aims to induce their homes to be on the market by not extending the transfer tax imposed on multiple homeowners. However, the thoughts of multi-homeowners who met "PD Notebook" immediately after the policy was announced were surprisingly consistent. It means that I will not sell it and endure it.

During the Moon Jae In government, more than 20 strong real estate measures were announced, but housing prices eventually rose. The "PD Notebook" compared the changes in the assets of high-ranking officials at the time and found that an official who did not dispose of his house in 2020 has increased his assets by about 2 billion won since then. Some point out that only strong learning effects remain, saying, "Only those who sold their houses lost money at that time."

◆ a homeless president

The president sold his house during his term in office. The news, which no one expected, left a lot of repercussions on the market. Until the end of January, the group KakaoTalk rooms and real estate communities, which were said to never sell, also began to show disturbing reactions such as "I think the president is serious," "I think the Lee Jae-myung administration is different," and "Do I really have to sell?"

Real estate agents visited after the Lunar New Year holiday. At the scene, a different atmosphere was detected than before. In Bundang, where real estate fever was the hottest last year, apartments with prices falling by 900 million won appeared, and complexes with more than 20 sales were also confirmed. Could this change be a turning point in the trend of rising housing prices.

Experts say it is still too early to jump to conclusions and that this is an important turning point in the real estate market. This is because the sale may be locked again or the downward trend may continue depending on follow-up measures and execution power after May 9, when the suspension of the transfer tax for multiple homeowners ends.

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*This content was translated by AI.

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