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Issues and Recommendation on the Special Act for the Land-lease Housing for Installment Sale Supply Promotion

  • Public Land Law Review
  • Abbr : KPLLR
  • 2010, 51(), pp.575-594
  • Publisher : Korean Public Land Law Association
  • Research Area : Social Science > Law

배문호 1

1토지주택공사

Accredited

ABSTRACT

It is meaningful to provide urban households without home ownership with Land-lease Housing Program for the stabilization of settlement. It is meaningful because Land-lease Housing Program provides affordable housing, redeems unearned income borne by developing land and pioneers a new way of housing supply. This study aims to examine issues of fact in the Special Act for the Land-lease Housing for Installment Sale Supply Promotion. Thus this study is to propose alternatives for the insufficiencies found in the Special Act. The Special Act is made when it is necessary to materialize what has been stated in the Constitution, Article 35 Clause 3. The Special Act includes many items that promote supply of Land-lease housing, such as the fact that Land-lease housing program holds superficies during the period of rent, the fact that Government's Comprehensive Housing Supply Plan encompasses Land-lease housing program resulting in systematic implementation, the fact that all of the Land-lease housing program be implemented by public sector, the fact that appropriateness of housing prices and the rent for land are secured, the fact that the grounds for pension and fund appropriation are established, the fact that land for housing has priority over other land uses, the fact that there are special exceptions to the application of FAR(floor area ratio), etc. Still there are many remaining issues such as limited conditions to location of land due to the immaturity of public land lease system based on land banking, limitation of funding, development by private sector is not likely, complications in the registered holder of right in the land register which is not favorable to the land owners, dubious marketability due to lack of popular understanding of Land-lease housing program, etc. Nevertheless, the most essential effort of them all is the strong and active will of policy makers and the administration to implement the Land-lease housing program.

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