| Korea's Ministry of Land and Marine Joint Planning and | | | | and Marine Zhengzhong Huan said that day, real |
| the Ministry of Finance, Finance Committee and other | | | | estate transactions were atrophy of the actual |
| departments jointly issued the "Residential Exchange | | | | demand, but also led to the construction industry and |
| program of normalization and residential stability and | | | | further atrophy, which was drawn up the proposal, |
| support", according to the program, South Korea will | | | | but the inhibition of speculation, to maintain stable |
| "temporarily" to relax the existing real estate policies | | | | policy Fangjia no change in tone. |
| to stabilize market to meet the needs of people living | | | | Introduced the program provides for the day, |
| purposes. For the South Korean government | | | | non-homeowners and has only 1 set of domestic |
| announced the program, Korea in general that the | | | | South Korean Government to establish a household in |
| real estate policy to relax, restore market will play a | | | | the "real estate speculation Di Qu," Yi Wai, |
| dynamic role, but it will not make housing prices | | | | Goumaijiage 900 million won (1 U.S. dollar |
| rebound. | | | | approximately 1,196 won) the following residential |
| At this time the South Korean government policy to | | | | O'clock, Ge financial institutions to relax their own, |
| relax the real estate background is Korean real | | | | under the circumstances, "the total debt repayment |
| estate market volume continued to shrink, to some | | | | rate", the policy will be "temporarily" to the March |
| hope that the move into the new home of the great | | | | 2011 implementation. In addition, the program also |
| distress of ordinary people. According to South | | | | provides that, with only 1 set of families in the |
| Korean Ministry of Land and Ocean data published | | | | purchase of new residential housing will be two years |
| the day, South Korean real estate market prices | | | | Zhineibixu Yuanyou residential purchase, Fouze to an |
| stabilize, as the government put on increasing the | | | | additional 1 percent of the loan rate. The so-called |
| degree of public housing, this stable trend will | | | | "total debt repayment rate" means the repayment of |
| continue. Taking into account the demand for South | | | | all loans in the amount of revenue share. In 2006 the |
| Korean real estate market and the overall situation of | | | | Korean government to stabilize the real estate |
| economic recovery, within a short time a rapid decline | | | | market, housing prices rose too fast and the |
| of housing prices is unlikely. According to statistics, | | | | introduction of "total debt repayment rate." Currently, |
| the capital of Seoul and the surrounding areas of real | | | | the Korean government designated "area of real |
| estate transactions increased from June 2009 to 2.2 | | | | estate speculation," to buy residential, the "total debt |
| million in June 2010 fell to 0.8 million units in July 2010 | | | | repayment rate" may not exceed 40%; in the |
| to maintain approximately 0.8 million units, giving those | | | | speculative purchase of residential areas outside of |
| who do not sell existing housing people can not buy a | | | | the time, Seoul, "The total debt repayment rate" of |
| new home is a big inconvenience. Minister of Land | | | | 50% Gyeonggi Province is 60%. |