@article{ART002468694},
author={Min, Tae-Wook},
title={Real Estate Policy of The New Government and Sustainability},
journal={Public Land Law Review},
issn={1226-251X},
year={2019},
volume={86},
pages={87-106}
TY - JOUR
AU - Min, Tae-Wook
TI - Real Estate Policy of The New Government and Sustainability
JO - Public Land Law Review
PY - 2019
VL - 86
IS - null
PB - Korean Public Land Law Association
SP - 87
EP - 106
SN - 1226-251X
AB - Sustainability is now accepted as general principle that is applied all area of human life. So real estate policy should be based by it. The key subjects that are prescribed in the constitution law relating real estate are ‘efficient and balanced development and preservation’ and ‘comfortable housing’. Election pledges of the new government have few contents relating ‘efficient and balanced development and preservation’, in spite of its importance. The legal system which control land use has not achieved its goal and in confusion. So the problem of the new government is absence of policy that could refine the existing system. On the other hand election pledges of the new government has many contents relating ‘comfortable housing’ and several real estate policy are established after the start of the new government. The policy of the new government is focusing on stabilizing real estate price. The new government use many policy tools that are tax, finance, housing distribution, and others. The primary cause which leaded to rise of real estate price recently is low interest rate and the resulting expansion of credit. Therefore the real estate policy which pursuing stability of real estate price should focus on interest rate and credit. The new government use other tools that are tax, finance and housing distribution excessively. The results are that tax, finance, and housing distribution system are run deviating from its usual goal and are too complicated. So the real estate policy of the new government does not correspond with sustainability.
KW - sustainability;real estate policy;stability of real estate price;comfortable housing;efficient and balanced development and preservation
DO -
UR -
ER -
Min, Tae-Wook. (2019). Real Estate Policy of The New Government and Sustainability. Public Land Law Review, 86, 87-106.
Min, Tae-Wook. 2019, "Real Estate Policy of The New Government and Sustainability", Public Land Law Review, vol.86, pp.87-106.
Min, Tae-Wook "Real Estate Policy of The New Government and Sustainability" Public Land Law Review 86 pp.87-106 (2019) : 87.
Min, Tae-Wook. Real Estate Policy of The New Government and Sustainability. 2019; 86 87-106.
Min, Tae-Wook. "Real Estate Policy of The New Government and Sustainability" Public Land Law Review 86(2019) : 87-106.
Min, Tae-Wook. Real Estate Policy of The New Government and Sustainability. Public Land Law Review, 86, 87-106.
Min, Tae-Wook. Real Estate Policy of The New Government and Sustainability. Public Land Law Review. 2019; 86 87-106.
Min, Tae-Wook. Real Estate Policy of The New Government and Sustainability. 2019; 86 87-106.
Min, Tae-Wook. "Real Estate Policy of The New Government and Sustainability" Public Land Law Review 86(2019) : 87-106.
