What Is the Problem with the Housing Price Ceiling System?

As the Price Ceiling System on Housing Pre-Sale Prices goes into full effect, it is bringing major changes to the housing market. We would like to take this opportunity to examine the problems of the monopoly structure in the pre-sale guarantee market and the introduction of the Price Ceiling System on Housing Pre-Sale Prices, and to consider related policy tasks.

Date and Time: Tuesday, September 8, 2020, 2:00 p.m. – 4:00 p.m.

Venue: National Assembly Members’ Office Building, Conference Room 2

Hosted by: member of the National Assembly Eonseok Song, Center for Free Enterprise (CFE)

Moderator: Kyunghwan Kim, Professor at Sogang University

Presentation 1. Problems with the monopoly of the Housing & Urban Guarantee Corporation (HUG) in the pre-sale guarantee market and directions for improvement: Jeongseok Han, President of the Economic Growth Institute

Discussion: Gyoeon Shim, Professor at Konkuk University

Presentation 2. Problems with the Price Ceiling System on Housing Pre-Sale Prices and directions for improvement: Daejung Kwon, Professor at Myongji University

Discussion: Yoongyeong Heo, Research Fellow at the Korea Research Institute for Construction Policy

Original title: 분양가 상한제, 무엇이 문제인가?

Author: Center for Free Enterprise (CFE)

Date: 2020-09-08

Source: https://www.cfe.org/bbs/bbsDetail.php?cid=seminar&pn=6&idx=23055