The total price of 84 m² for the Late has increased from 1.75 billion won to 1.1 billion won.
High interest burden in the period of high interest rates
| Jeonse prices are falling rapidly, and many of the tenants who signed a jeonse contract when the price was high in the past are complaining of frustration. According to the real estate industry on the 5th, many tenants have recently asked if there is a way to cancel the contract. A citizen looks at an apartment complex in Songpa-gu, Seoul. [연합] |
[헤럴드경제=서영상 기자]”200 million was won less than when I signed the jeonse contract in January this year. Most of the money is borrowed, but considering the interest paid at a high interest rate, it is a waste of money. Lately, I don’t even look at the price table in front of real estate on purpose. It only upsets me when I see that the price of Jeonse has dropped further.” (Apgujeong-dong, 40-year-old tenant A)
Although interest rates are falling quickly, interest rates are rising sharply. As a result, many of the tenants who signed a jeonse contract when the price was high in the past complain of frustration. According to the real estate industry on the 5th, many tenants have recently asked if there is a way to cancel the contract.
A real estate agent in Daechi-dong said, “Many tenants ask if they can sell their house even though the contract period is over.
The downward trend in preset prices is not uncommon. In the case of an exclusive rental property of 84 m² in Jamsil-dong, Songpa-gu, at the beginning of this year, the contract was signed at 1.75 billion won for the highest rental price, and now about 1.1 billion has been won. In Helio City, Garak-dong, Songpa-gu, the 84 m² dedicated area is said to be maintained at 1.2 billion won, but has recently dropped below 900 million won.
In the above case, if the Recentz lessee took out a jeonse loan, he would pay an additional 2.7 million in interest earned every month if the contract was signed at the highest price even if only 5% of the interest on the difference of 650 million wins. between the past and the present market prices were calculated, that’s what you have to do
If the lease contract is signed early, the lessee’s sense of frustration is further increased. Recently in a real estate community, a message was posted saying, ‘Jeonse has 2 months left, and I renewed the contract 5 months ago, but the jeonse has dropped 100 million won’.
According to the story, Mr B lives as a tenant in an apartment with a deposit of 300 million won. The lease ends in December this year, and when the landlord came in and said he wanted to live, he said he would increase the deposit by 100 million won and extend the contract in July. However, looking at the recent market price, there are houses that can be signed even at the high 200 million won. Mr B very much regrets that he signed the contract five months before the expiry date as the price of the deposit has fallen as it has recently.
As such, if the house has to be moved due to personal circumstances, the profit on the jeonse price or the monthly rent is compensated to the landlord.
For example, if you have 10 months left in the lease period and you live with a 300 million earned deposit and a 2 million earned monthly rent, then you have to move, and if the market price has recently fallen from the 200 million won. to 2 million won, subtract 200 million won from 300 million won. It is a method of calculating 10-month interest on 100 million won at an annual interest rate of 5% and giving it to the landlord.
A real estate company in Jamsil-dong said, “Because landlords prefer jeonse, and tenants prefer monthly rent, rental contracts go well in the order of the lowest deposit.
sang@heraldcorp.com
