SEOUL APARTMENTS CAN ALSO APPEAR ONE AFTER ANOTHER… ONE IN SEVEN VILLAS AND OFFICETELS

Seoul apartments can also appear one after another… One in seven villas and officetels

Seoul apartments can also appear one after another… One in seven villas and officetels

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A large apartment in Jongno-gu, one of the biggest apartments in Gangbuk, Seoul.

It's a large area and the location is good, so two years ago, the rent for a 30-pyeong apartment rose to 1.45 billion won.

However, the same equilibrium charter price traded last month was 770 million won, which was halved in two years.

Even if you find a new tenant right away, you have to prepare and return a deposit of close to 700 million won.

[Real Estate Agent/Jongno-gu, Seoul]
"(Nowadays) landlords take out loans. Whether it's a personal loan or a mortgage on the house where you live, you have to pay the tenant..." The situation in

other apartments nearby is more serious.

The jeonse price and sale price of the 30-pyong apartment, which was traded two years ago, is 700 million won and 740 million won, respectively.

In the meantime, not a single transaction has taken place, but when big data is applied, the jeonse price is more than 100 million won higher than the house price.

MBC commissioned a space AI company to analyze 8,400 apartments in Seoul that expire this month.

In Gangseo-gu, 17 items were at risk, followed by 14 in Gangdong-gu and 9 in Eunpyeong-gu.

In Gangnam-gu and Songpa-gu, where house prices have not fallen, two and one were included, respectively.

However, the apartments are in better shape.

More than 11% of villas in Seoul and 14% of officetels cannot return the deposit even if they sell their homes.

If you expand the scope to the entire 오피가니 metropolitan area, 1 out of 7 houses was a can charter.

The problem is that this reverse trend is likely to become more serious as time goes on.

Experts have warned that the most serious situation will hit in the first half of next year.

[Park Jin-baek / Associate Research Fellow, Real Estate Market Research Center, Korea Research Institute for Human Settlements]
"When (analyzed) until the first half of 2022, there were a lot of people who bought a gap with the jeonse rate at a very high level. The period when the jeonse contract ends is 2024 It's the first half of the year."

The Korea Research Institute for Human Settlements proposed measures to strengthen the responsibility of landlords, such as expanding the provision more info of information about landlords to tenants and introducing a deposit deposit system.

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