金恩慧、国民の力議員
Kim Eun-hye, People's Power lawmaker, ”Lee Jae-myung government's real estate measures are a wing for cash-rich foreigners”... Teaser for reciprocity bill = Korea
On the 30th, Kim Eun-hye, a member of the People's Power Party, said, "The reason why the Lee Jae-myung government's real estate policies are of concern is because they will give wings to foreigners with cash.
This was a teaser for the promotion of the bill on "Real Estate Reciprocity." Representative Kim, who is the deputy representative for the People's Power Policy, posted on his blog on the same day, "Strong lending regulations will be applied to Koreans who are desperate for their own housing.
"In contrast, there were no restrictions on foreigners buying and selling real estate in Korea. Even though there is a 'reciprocity clause' in the law, no enforcement regulations were prepared."
Rep. Kim said, "Thanks to this, foreigners from China and other countries have become major players in the Korean real estate market, which is essentially a regulation-free zone.
"Giving lenient results to some is reverse discrimination," he argued. He also mentioned the bill he is proposing, saying, "'Reducing regulatory disparities' seems to match the common sense and outlook of the people."
Rep. Kim said, "The proposed amendment to the Real Estate Transactions Act that I have created will provide foreigners who buy and sell real estate, such as land and housing, in the Republic of Korea with the same level of benefits as Korean nationals receive in their respective countries.
"We are now applying regulations through the law so that foreigners can acquire real estate in Japan. We have also changed the system for foreigners to acquire real estate from a simple declaration system to a system requiring permission from the competent government agency."
Rep. Kim said, "If the barriers to buying and selling are raised without any supply measures, demand will shrink, and foreigners will fill the gap, where does that leave ordinary people?
"This is a bill created with the minimum mechanism of national sovereignty," he wrote. "If the market rules are not fair, there will be no policy acceptance.
"We will work to pass the bill so that this can be achieved," he concluded.
2025/06/30 20:42 KST
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