The speaker discusses a significant change in South Korea's real estate market, particularly in relation to the subscription system for apartment sales. This change is part of President Yoon Seok-yeol's real estate pledge and has led to a major expansion of the lottery system for selling apartments in regulated areas.
The speaker notes that even those with low bonus points, such as young adults in their 20s and 30s, can now enter the subscription market. However, they also highlight the importance of the loan date in this subscription market, especially for those who may not have the funds to purchase an apartment outright.
The speaker provides a detailed explanation of the changes in the system, noting that most real estate regulation areas have been lifted. However, regulations still remain in core residential areas, such as Gangnam District 3 and other overheated speculation districts.
The speaker explains the current apartment sales process, which involved additional points and winners selected based on these points. However, a new system has been introduced where the lottery system will be applied to a larger percentage of the total supply, especially for areas under 60 square meters.
The speaker also discusses the changes in the system for over 85 square meters, where the rate of additional points will be increased to 80%, and the lottery will be lowered to 20%.
The speaker emphasizes that these changes only apply to regulated areas and that non-regulated areas remain unchanged. They also highlight the importance of understanding the new rules for housing supply managed by the Ministry of Land, Infrastructure, and Transport.
The speaker concludes by discussing the potential impact of the upcoming National Assembly law on the subscription and investment market, advising viewers to carefully consider and observe the risks associated with this law. They also mention that part 2 of their discussion will delve into more practical, specific issues such as loans.
Here are the key facts from the text:
1. A change in the system for selling apartments in regulated areas has been implemented.
2. The change is part of President Yoon Seok-yeol's real estate pledge.
3. The change includes an expansion of the lottery system for selling apartments.
4. The lottery system will be introduced for apartments under 85 square meters.
5. For apartments 60 square meters or less, the additional points will be reduced to 40% and the lottery system will be introduced at 60%.
6. For apartments between 60-85 square meters, the additional points will be 70% and the lottery system will be 30%.
7. The change only applies to regulated areas such as Gangnam and Yongsan.
8. The rest of the areas will maintain the current system.
9. The change aims to encourage people who prefer small square footage, such as those in their 20s and 30s, to dream of owning a home even if they have a low bonus point.
10. The government has announced that it will relax the restrictions on resale of pre-sale rights.
11. The resale limit for pre-sale rights will be drastically lowered to 3 years in areas such as Seoul.
12. The transfer rate for pre-sale rights will be reduced from 60% to the normal general tax rate.
13. The government has also announced that it will provide extensive relief for interim deposit loans.
14. The Democratic Party of Korea is opposing the revision of the law, saying it can destabilize the real estate market and stimulate special demand.
15. The law may not be implemented due to the opposition from the Democratic Party.
16. The government's announcements may not be implemented as planned due to changes in the National Assembly law.
17. The National Assembly has the power to change the law, and there are risks involved in passing the law.
Note that some of these facts may be subject to change or clarification, as the text mentions that some of the information is subject to revision.