   South Korea’s debt-to-income (DTI) rule on new home buying has played a decisive role in slashing house prices in the nation’s capital and surrounding regions but little in containing ‘jeonse’ prices which are skyrocketing. Jeonse refers to a unique home rental system in South Korea under which a tenant can make a large lump-sum deposit to lease a home, usually for two years, in lieu of paying monthly rent. According to a local real estate portal drapt.com on Thursday, transaction prices of apartment houses in Seoul and surrounding regions fell 3.24 percent since October 9, 2009 when the restrictive measure began to affect borrowers from secondary financial institutions. The price has been on the decline during the period except several months when demand rose temporarily due to rebuilding projects and easing of the DTI rule. Prices in newly designed residential districts showed the largest decline of 5.2%. Meanwhile, jeonse prices climbed 18.83 percent during the same period, led by prices in Seoul with 20.05 percent. It was followed by Gyeinggi-do with 19.61 percent, new towns with 19.52 percent and Incheon with 6.78 percent. [Written by Sang-kyung Baek / edited by Soyoung Chung] [ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved] | |||||||||
E-mail:admin@intrufriend.com
www.intrufriend.com
댓글 없음:
댓글 쓰기