장기전세주택 수익적 타당성 분석

Abstract

Ever since its conception of long-term public deposit-basis rental housing by Seoul government back in 2007 and a subsequent implementation of the project, long-term public deposit-basis rental housing units have amounted to 25,683 in total as of the end of 2013. General consensus is that the long-term public deposit-basis rental housing project has made great contributions to shifting general public's perception about housing to a place to live in from financial assets and to stabilizing housing prices in adjacent areas as intended. It is perceived that the project has been successful with intended policy purpose and effects of long-term public deposit-basis rental housing greatly achieved. However, lately the government's and state-owned companies' mounting debt emerged as a serious social issue and concerns deepen about prioritization of limited public financial resources. Against this backdrop, the study on profitable feasibility of long-term public deposit base rental housing was conducted from the perspective of the supplier. In accordance with the conclusion of the feasibility analysis, first, we identified a need to liquidate long-term public deposit-basis rental housing bigger than units 85 square meters so as to use the proceeds for the budget for rental housing for low-income families. Second, we also identified a need to convert long-term public deposit-basis rental houses smaller than 85 square meters into 10 year-term public rental housing. Lastly, the study finds out a need to bring down housing prices to original sale prices if an installment payment rental plan (10 years term) is introduced