Yesterday (9th) I appeared on KBS’ ‘Sunday Diagnosis Live’ and answered the question.
[Park Sang-woo/Minister of Land, Infrastructure and Transport (yesterday): I don’t know how some of you may be listening, but the government lent low-interest funds to help the common people, but this actually led to overconsumption of jeonse, overconsumption.]
When asked whether government support such as the ‘Newborn Special Loan’ had an effect on the rental price, the answer was as follows.
He explained that, unlike purchasing a house, jeonse cannot be viewed as an investment.
[Park Sang-woo/Minister of Land, Infrastructure and Transport (yesterday): For example, wouldn’t there be a phenomenon of overconsumption of living in a 20-pyeong house instead of renting a 15-pyeong house?]
We announced our position on the abolition of the Lease Act and Comprehensive Real Estate Tax, which strengthened tenant protection such as the ‘right to request contract renewal’.
[Park Sang-woo/Minister of Land, Infrastructure and Transport (yesterday): It is actually a bit unreasonable to analyze that rent prices are rising because of this (Lease Act), but there is no doubt that it has the side effect of causing them to rise even more when they rise.]
https://news.jtbc.co.kr/article/article.aspx?news_id=NB12200021
ㅡ_ㅡ This guy is hahahahahahahahaha