I HATE VILLAS AND OFFICETELS... THE AFTERMATH OF THE CHARTER SCAM

I hate villas and officetels... The aftermath of the charter scam

I hate villas and officetels... The aftermath of the charter scam

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The government has announced the results of its investigation into a large-scale charter fraud that sparked nationwide uproar.

It is a policy to detect nearly 3,000 scammers and prevent the recurrence of charter scams, but

the trust in villas and officetel charters has already collapsed significantly in the market.

Reporter Jeon Hyo-seong covered the aftermath of the charter scam.



The government arrested 2,895 charter fraud criminals across the country through a special charter fraud investigation.

For fraud conspired by landlords, licensed real estate agents, appraisers, etc., criminal group/organizational crimes, which are the level of punishment for organized crime, are applied.

[Hwang Byung-joo / Chief Prosecutor's Office Criminal Director: We will do our best to submit to the court sentencing data that comprehensively and faithfully analyzes the extent of damage, recovery of damage, and current housing situation so that it can be reflected in the sentence... ]

The special law on charter fraud has been passed and the results of website the investigation have come out, but the aftermath is blowing hard in the market.

In particular, the sharp decline in demand for villas and www.opview.biz officetels, where large-scale charter fraud has occurred, is a representative example.

Usually, jeonse is structured to return the existing tenant's money as the next tenant's deposit.

The problem is that charter fraud has spread the perception that chartering villas and officetels is dangerous, and it has become very difficult to find the next tenant.

In fact, this year's non-apartment charter transaction volume was around 36,000, the lowest since the related tally was compiled.

If this situation continues, it is highly likely that normal landlords will not be able to find the next tenant and return the deposit.

Another anxiety factor is that the expiration of the global contract in the second half of 2021, when the rental price was the highest, is approaching.

[Kwon Il / Real Estate Info Research Team Leader: They are concentrated in the second half of the year. Unfortunately, at that time (prices) were high, so I think it will be difficult to easily overcome this transitional situation in the second half of this year... ]

The phenomenon of avoidance of renting villas and officetels, which has intensified due to charter fraud, is expected to act as a detonator for the charter market in the second half of the year.

This is Jeon Hyo-seong from Korea Economy TV.

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