Auction of the entire apartment… Crisis of reconstruction Jeon Jeon-jin’s house Economy Times

2023-05-05 11:25:00

* This article is a summary of the live broadcast on the YouTube channel of Zipconomy TV on May 4th.

▶ Reporter Jeon Jeon Jin
After the Seoul Metropolitan Government abolished the ’35th floor rule’ for apartments, an increasing number of reconstruction associations are planning skyscrapers. This movement is evident around wealthy villages. Ichon-dong and Apgujeong-dong are typical examples. Then there is a reaction from Banpo-dong. This is the story of the 1st, 2nd, and 4th districts of Banpo Jugong Complex 1.

Banpo Complex 1 is scheduled to hold a general meeting soon to decide whether to change the existing 35th floor reconstruction plan to the 49th floor. As a residential area, it cannot fall into the ranks of skyscrapers as it is a top-notch location. Demolition has been completed, but construction has not yet begun, so he intends to change the construction plan by asking the members of the union.

It is unusual for a cooperative that is at the end of its business to redo the design from scratch. Even if a decision is made at the general meeting, it will inevitably take a considerable amount of time to change the maintenance plan and receive the architectural review again. It is also a situation where it has already been delayed longer than expected due to lawsuits.

There are many variables. If I recall the experience I covered, since the age of the union members is high, they may be sensitive to delays in the project period. In fact, if you check the registration of Banpo Complex 1, there are not a few elderly people born in the 1940s or first waterers. Also, in this project, Hyundai E&C is not a simple constructor, but a joint project operator. When selecting a construction company in 2017, this method was chosen to avoid the excess profit redemption system for reconstruction. It also means that the joint project operator can voice a different voice if an inefficient situation arises. Looking at the case of Eunma in the past, it seems that a hasty change of route could be the trigger for internal discord.

Auction of the entire apartment...  crisis of reconstruction [전형진의 집코노미 타임즈]

Last week, while summarizing countermeasures against charter fraud, I pointed out that the 6 conditions to be recognized as a victim are too demanding. Eventually, the government decided to adjust this requirement. The bill hasn’t passed the so-called yet, but the adjustment that the government has brought out is like this.

first of all [대항력을 갖추고 확정일자를 받은 임차인]has been changed so that tenants who have already been evicted may receive relief. This means that even if you do not currently live in the house where the accident occurred, if you have secured your rank through the leasehold registration, you will be rescued.

[임차주택에 대한 경·공매 진행]In the case of , even if it is not a house that is being auctioned or sold, it will include cases where the lessor is bankrupt or revived. [서민 임차주택]area requirement is removed. And as we expected, the value condition was 300 million won.

[전세사기의 의도가 있을 경우] The condition for providing relief is a policy to acknowledge the scope of fraud more broadly than the concept of criminal fraud. Even if the police didn’t open an investigation, if it smells like deception, they’ll see it as fraud. It seems to be a somewhat controversial condition. [보증금 상당액 미반환 우려]extends to the case of not returning some.

however [다수의 피해자 발생 우려] Conditions have not been alleviated. The article shown on the page is just that. Even if you have been scammed by charter, it is impossible to respond alone, so it is an article that shows that a skit is taking place to find the second and third victims of the same landlord. It’s like forming a party with strangers in a game and progressing through stages.

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Auction of the entire apartment...  crisis of reconstruction [전형진의 집코노미 타임즈]

This is an article on the front page of the Korea Economic Daily today. In the meantime, we have heard a lot of news that conflicts over construction costs are taking place at redevelopment and reconstruction sites. There are also places where the entire apartment is on the verge of being auctioned off. Namyangju Jinju Apartment.

The reason for the auction crisis is simple. In the maintenance business, the cooperative has no place to come out of money until the general sale is completed. Still, usually builders hold the money line. It is a way to pay the rental fee and pay the loan fee. However, when the union did not accept the construction cost requested by the construction company, it stopped paying interest on the loan. If the non-payment of interest continues, the creditors will auction the assets to recover them. Last year, the Dunchon Jugong Corporation’s lien event is a similar example of spicy taste. At this time, the lien means that you cannot vacate this building even if it goes to auction and the owner changes.

If you look at the table excerpted from the article, the construction cost of major redevelopment and reconstruction businesses in the metropolitan area has risen a lot. As the price of raw materials rises, it is said that there is no choice. From the perspective of the union, if the conditions do not suit your taste, there is a card that breaks up with the existing builder and seeks a new builder. The problem is that construction companies these days are not happy with the construction company selection event of most workplaces. It is because the real estate market is cooling down, so the risk of the business is high. Just a few years ago, the Gangnam area changed construction companies whenever they had a chance, but now it has become a completely different world. Changes in the market are scary.

If we give you one notice before the stable, we launched the cultural portal Arte in Hankyung. It is a page where you can check everything you can enjoy cultural life, such as exhibitions and performances, in one place, so I have no doubt that it will be of great help if you access it if you are interested. See you again next week.

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