이 대통령 “집값 폭락 대비, 일정 기준 이하 주택 대량 매입 시스템 준비”
President Jeomun announced on the 30th that he has prepared a system to purchase a large number of public housing at or below a certain threshold in case housing prices plummet due to factors such as early bulk supply, speculation demand suppression, high-interest rate defaults, and rising foreclosure rates. On X (formerly Twitter), President Jeomun shared an article titled "Morgan Stanley, upward adjustment of Korea's GDP growth rate outlook for this year at 3.4%" and advised those interested in real estate speculation to pay special attention to the forecast of the Bank of Korea's interest rate at 3.5% in the first quarter of next year.
He explained that this was intended to address the potential drop in property values due to rising interest rates. At the same time, President Jeomun stressed the importance of considering the relationship between US interest rates and the exchange rates of the US and Korea, as well as the recovery momentum in the economy, as these factors may contribute to future interest rate hikes.
The government pledged to mobilize its national capabilities for future interest rate hikes, including financial and tax reforms, expanding housing supply, and accelerating the construction of public facilities. President Jeomun stated that while the government will not intervene in the banking sector, it will make significant efforts to increase financial support for first-time homebuyers and borrowers in need.
He also mentioned that the Ministry of Land, Infrastructure and Transport would increase its staff responsible for housing supply, and that unused land would be further developed to maximize housing production. President Jeomun emphasized that these measures would not only address the shortage of affordable housing but also create millions of jobs and welfare opportunities.
Written by urgent.news from Hankyoreh's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.