[뉴스토마토 최용민 기자] Following the recent fall in apartment sales prices, the price of jeonse has also turned downward, raising concerns about ‘can-jeonse’ across the country. This is because there are cases in which the Jeonse price cannot be returned even if the house is sold due to the drop in the sale price, and if the Jeonse price falls, the landlord may be forced into a situation where it is impossible to prepare a profit from the Jeonse price. For this reason, experts are urging caution to avoid tin cans.
According to data from the Korea Real Estate Agency on the 21st, the weekly apartment sales price index across the country has been flat for the past three weeks. The metropolitan area has already recorded a decrease of 0.02% for three weeks in a row, and the weekly apartment sales price index in Seoul, which had fallen by 0.01% for three weeks in a row, also fell by 0.02% in the second week of February, increasing the extent of the decline.
In addition, in the second week of February, the nationwide weekly apartment jeonse price index turned 0.01% down. It is the first time in about two years and six months since the fourth week of August 2019 that the price of apartment jeonse has turned downward. In the metropolitan area, the decline increased by 0.04%, and the Jeonse price index in Seoul, which turned to a downward trend of 0.02% in the last week of January, also fell by 0.03% in the second week of February, and the extent of the decline increased.
As the sale price and the jeonse price are falling together, concerns about kan jeonse are increasing. First, if the sale price falls, the landlord may not be able to return the Jeonse money even if he sells the house. In particular, if the landlord takes out a loan using the house as collateral, the Jeonse payment will be pushed to a lower priority. With the recent interest rate hike, it is expected that the number of homeowners who cannot afford the interest on their loans will increase significantly.
Information board for real estate sales in downtown Seoul.
In addition, there may be cases where it is difficult for the landlord to make a profit on the deposit due to the drop in the Jeonse price. In particular, if the price of Jeonse falls by tens of millions of won, homeowners who cannot immediately return the deposit will receive a loan using their house as collateral.
It has been found that the number of landlords who do not return the deposit to actual tenants and tenants who do not receive their deposit back on time is increasing every year. According to the Housing and Urban Guarantee Corporation (HUG), the amount of deposit return guarantee accidents last year was 579 billion won (2799 cases). The amount of accidents was 3.4 billion won in 2016, but is increasing every year to 7.4 billion won in 2017, 344.2 billion won in 2019, and 579 billion won last year.
For this reason, the number of subscribers to the Jeonse Deposit Return Insurance is increasing every year. The number of guarantees for deposit return of HUG has increased from about 179,000 cases in 2020 to about 232,000 cases in 2021, and the amount of guarantees also increased from about 37.2 trillion won in 2020 to 51.5 trillion won in 2021 compared to the previous year. increased by 17 trillion won. In this regard, experts are urging caution in order to avoid kanji jeonse along with the purchase of jeonse guarantee insurance.
Park In-ho, a professor of real estate at Soongsil Cyber University, said, “First of all, it is necessary to first check the relationship of rights in the registered copy of the register so as not to be pushed to a lower priority. In order to receive a guarantee, we will receive a confirmed date and report the move-in.”
Reporter Choi Yong-min yongmin03@etomato.com
ⓒ Delicious News Tomato, reprinted without permission – redistribution prohibited
