As a follow-up to the 8.8 real estate measures, the government also announced plans to release Green Bet and supply a total of 50,000 units, including 20,000 units, to Seoul.
Land, Infrastructure and Transport Minister Park Sang-woo explained that the so-called "young-jil" can be prevented while giving the market faith in the supply of quality housing.
Let's listen to it for ourselves.
[Park Sangwoo / Minister of Land, Infrastructure and Transport]
I think it's the time of sale that's on the market. We will shorten the period and manage the schedule so that the first sale can take place in the next five years. If there is no belief that it will be supplied in the future, and if you are anxious, there may be a demand to buy a house by paying debt and overdoing it, but I think it is enough to give faith to the market that high-quality housing will be supplied in a good location. It's for future preparation, but I think it can be effective enough to respond to the current situation.
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