Reversal market risk ‘shock of hundreds of trillions’… growing market anxiety

It is predicted that financial risks from the jeonse market will peak in the second half of this year. The government plans to ease the shock by releasing the DSR

from July, but it is still questionable whether it will be able to메이저사이트 calm the risk of reverse tricycles. Reporter Shin Yong-hoon reports. <Reporter> KB Management Research Institute estimated the size of the domestic housing jeonse deposit at 909 trillion won. Among them, apartments accounted for the largest share at 660.9 trillion won, and the jeonse deposits for detached houses and row houses and multi-housing were estimated at 159.2 trillion won and 89.5 trillion won, respectively. Among these, deposits for rental deposits due to expire in the second half of this year and the first half of next year are expected to be 302 trillion won (directly estimated). Hundreds of trillion won of charter deposits are due within a year. The problem is that as the price of the deposit continued to drop, the difference in deposit to be returned increased rapidly. In fact, the national average charter price, which was 250 million won in the second half of 2021 two years ago, fell 16% to 210 million last month. During the same period, the metropolitan area, including Seoul, also fell from 360 million won to 300 million won. Even assuming that the jeonse price does not fall anymore, the difference in deposit that the landlord will have to return to the tenant for the next year is 48 trillion won, which is 16% of 302 trillion won. A bigger problem is that the decline in jeonse prices will continue in the second half of the year.

[Dr. Kim Seong-hwan, Korea Institute of Construction Industry: Jeonse prices (this year) fell 6% until May. In the second half, it was expected to decline by about 2%. In the second half of the year, I thought that the remaining supply would not be a burden, so I did not look at it until it turned to an upward trend, and the downward

trend was maintained.

[Kang Min-seok , KB Management Research Institute, Real Estate Team Leader: If the jeonse deposit is not returned on time, there may be a problem that the move is delayed or postponed when the tenants purchase a new house (another house) or purchase a house. If the jeonse price falls below the housing price, it may lead to a loss of the jeonse deposit or to the problem of having a house you do not want

. ‘ to ‘ DSR mitigation plan, which is the total debt repayment ratio .

However, there are many skeptical views on how many landlords will have the ability to afford additional loans in a situation where the value of collateral has fallen due to falling housing prices and the interest rate on loans has risen.

This is Shin Yong-hoon from Korea Economic TV .

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