[2020 National Audit] 'Newlywed Couple II' Type Jeonse Lease Project, Utilization Rate Only 2.8%
Democratic Party Rep. Kim Yoon-deok: "Failure to Understand Newlyweds' Needs... Policies Must Reflect Realistic Conditions"
[Asia Economy Reporter Wondara] It has been revealed that the utilization rate of the 'ShinHonBubu II' type among the newlywed couple jeonse rental projects is only 2.8%.
According to the '2020 Newlywed Couple Jeonse Rental Supply Status (as of August 31, 2020)' provided by the Korea Land and Housing Corporation (LH) to Kim Yoon-duk, a member of the National Assembly's Transportation Committee from the Democratic Party, the total target for the newlywed couple jeonse rental project was 15,200 units, of which 7,608 units were achieved.
Among these, the 'ShinHonBubu I' type achieved 7,467 units (72.5%) out of the 10,300 unit target, whereas the 'ShinHonBubu II' type only reached 141 units out of the 4,900 unit target.
The requirements for ShinHonBubu I are an income standard of 100% (120% for dual-income), a personal burden of 5% on the jeonse deposit, and a maximum duration of 20 years. The ShinHonBubu II type requires an income standard of 120% (130% for dual-income), a personal burden of 20% on the jeonse deposit, and a maximum duration of 10 years.
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Assemblyman Kim stated, "Despite re-announcing the ShinHonBubu II type with relaxed criteria such as income standards, marriage period, and child age, the low performance is due to a failure to understand the needs desired by newlywed couples when formulating the policy." He emphasized, "Since this is a policy for newlywed couples, it is necessary to properly understand the real conditions faced by newlywed couples, introduce policies accordingly, and also implement active promotional measures."
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