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A Study on the Problems and Efficiency Improvement Plan Related to Urban Regeneration Projects in Urban Regeneration Act - Focusing on the New Deal Projects for the Urban Regeneration of Moon Jae In

  • Public Land Law Review
  • Abbr : KPLLR
  • 2017, 79(), pp.31-61
  • Publisher : Korean Public Land Law Association
  • Research Area : Social Science > Law

lee jae sam 1

1가천대학교

Accredited

ABSTRACT

Urban regeneration projects are aimed at contributing to improving the quality of life of citizens such as expanding the self-sustaining growth basis of a city, enhancing competitiveness and restoring local communities by strengthening the public's role and support for the restoration of economic, social and cultural vitality of a city. Moon Jae In Government has set a policy of regenerating old downtown areas and old-age residential areas by inputting a total of 50 trillion won that is 10 trillion won each year. Urban regeneration project methods are expected to be combined with various methods that utilize partial overall pulling down method, subway station area development, and public property such as public office. However, the urban regeneration new deal projects have the following problems in reality. First, there is concern that business value may be poor. In the urban regeneration projects, there may be a realistic limit for the public sector to autonomously conduct the related projects due to the high land value and business expenses. Second, the financial burden may be a problem. The budget for urban regeneration projects should mainly consist of government subsidies. However, it is expected to have a difficulty to secure the budget because the government subsidies should reflect the budget every year and the allocation formula is not specified. Third, job creation is a problem. Urban regeneration projects are closely related to the construction industry. The construction industry is undergoing a shortage of construction skilled manpower, and the proportion of the elderly citizens is increasing in the construction industry, and the aging process is progressing. Also, since the construction industry is based on the inferiority of the construction site and the skills learned in the site. even the opportunity to transfer on-the-job skills is decreasing. Fourth, consideration for vulnerable classes may be a problem. Urban regeneration projects are expected to have side effects from rising real estate prices in the corresponding region. Fifth, the speculation problem is concerned. First of all, if an area is selected as a candidate for an urban regeneration project, there is a possibility that land prices will rise by speculator's advancement beforehand and even if the government regulates speculation, there may be a limit to stabilizing the real estate market. Rather, transactions can be made in a negative way, resulting in the mass production of the law breakers. Regarding the problems of the urban regeneration projects like these, it is required to have an improvement plan for the effective urban regeneration projects as follows. First, the business value should be improved. the projects should be unfolded with the development of a sustainable city through the expansion of the concept of the public concern of urban regeneration. Second, sufficient financial resources should be prepared. To efficiently utilize the limited public resources, it is desirable to resolve the problem of inconsistency between the benefits and burdens of financial support by installing and operating special accounts for urban regeneration. Third, job creation should be improved. Urban regeneration projects should be preceded by economy-based urban regeneration projects, which create economic bases through public pre-investment to create jobs. Fourth, support for vulnerable classes should be enhanced. Urban regeneration projects must satisfy the needs of the vulnerable classes such as income, housing, medical care, and so forth so that housing life becomes stable. Fifth, measures to prevent speculation should be prepared. It is necessary to prepare rent restriction regulations to prevent the side effects of surging house prices and rents due to urban regeneration. it is necessary to eradicate speculative factors through measures for restraining real estate speculation, development profit redemption system, transfer income tax redemption, and facility allotment imposition.

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