"8/13 Housing Supply Financial Measures: Conversion to Actual Construction and Completion is Key" | Yonhap News

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"8·13 주택공급 금융대책, 실제 착공·준공 전환이 관건" | 연합뉴스
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The August 13th comprehensive financial measures to stabilize the real estate market expanded public guarantees to promote new housing supply, but in reality, PF interest rate cuts and additional funding are needed. The Korea Construction Industry Research Institute report pointed out the problem of shrinking financing for normal business sites and emphasized the importance of supporting the resumption of normal business sites along with the settlement of insolvent PFs and securing financial continuity from groundbreaking to completion. It also presented mid-to-long-term improvement measures, such as resolving the risk structure biased towards construction companies and establishing a risk and profit sharing system among participating entities. The key is to manage performance to ensure that the supported funds are actually invested in projects and lead to groundbreaking and completion.

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