Meaning of "Regulated Areas"
These are areas designated by the government for the implementation of real estate regulations—such as restrictions on loans and tax policies—based on the assessment that housing prices (or real estate prices) are rising rapidly.
"Since our neighborhood was designated as a regulated area, loan limits and tax conditions have changed."
Related slang words
Loan regulationsMeasures taken by the government to manage household debt by restricting or tightening limits, interest rates, and eligibility criteria for mortgage loans in order to regulate lendingSold outThis means that all units (particularly apartments and pre-sale units) have been sold (contracted) within a short period of time and are now sold out.Restrictions on resaleThis is a system designed to curb speculative demand by restricting the sale or resale of pre-sale rights or apartments for a certain period after their acquisition, thereby preventing their resale until a specified date.Day tradingThis is an investment strategy in which investors buy stocks, real estate, or other assets and immediately resell them to profit from short-term price fluctuations.Pre-sale rightsThis refers to the right to move into an apartment after it is completed, following a successful application for the apartment.MortgageThis is a typical real estate loan product in which funds are borrowed from a bank using a home as collateral.Quota systemAn abbreviation for the "sales price cap system," this is a policy that limits sales prices on public land and other sites to a certain amount or less to prevent excessive capital gains.Right of occupancyThis is the right granted to members of a housing association in redevelopment or reconstruction projects to move into a new apartment.