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He strongly denied that he had ever considered easing regulations, such as “lifting land transaction permit zones” and “abolishing the reconstruction excess profit recovery system.”
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Minister Kim held a New Year’s press conference at the Sejong Government Complex on the 12th and said, “We are keeping an eye on the real estate market situation.
“The issue of regulation (easing) has not been discussed,” he said.
Regarding the growing expectations of deregulation ahead of the additional supply measures to be announced by the Ministry of Land, Infrastructure and Transport at the end of this month, Minister Kim said, “The Ministry of Land, Infrastructure and Transport
“We attach great importance to policy consistency, so we do not review and discuss (the release) from time to time,” he emphasized.
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Minister Kim continued, “Currently, we are pursuing licensing support to revitalize the maintenance project.
‘Abolition of reinstatement’ and ‘relaxation of floor area ratio (for private redevelopment projects)’ have never been considered.
“He added. Recently, there have been growing voices in the political world calling for the abolition of relocation and relaxation of the floor area ratio for private reconstruction and redevelopment.
He made it clear that there are no plans yet.
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