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Problems and Current Status of the Government's Strong Agricultural Policy Reform: The Farmland Survey ▶ Dr. Kim Hyung-sun, Real Estate Investment Research Institute Problems and Current Status of the Government's Strong Agricultural Policy Reform: The Farmland Survey Practical problems that may arise in the field as the government conducts a rigorous farmland survey to prevent speculation and eradicate illegal leases. 1. Administrative and Physical Limitations and Friction Among Field Surveyors Conducting a full survey of all farmland nationwide faces significant physical constraints. Shortage of Administrative Personnel: The area and number of parcels of farmland to be surveyed are too vast compared to the number of local government officials in charge of farmland. Concerns over perfunctory investigations: Since results must be achieved within a limited timeframe, administration has degenerated into enforcement-oriented measures such as document verification or random sampling, leading to reduced effectiveness. On-site friction: During face-to-face investigations with farmland owners, emotional conflicts and complaints between the administration and farmers have exploded over the criteria for proving self-cultivation. 2. Discrepancy with the reality of an aging rural population (Blind spots in contract farming) Uniform standards that fail to reflect the severe reality of rural aging are problematic. Ambiguity regarding actual self-cultivation: In a situation where the majority of farmers are elderly individuals in their 70s and 80s, "contract farming"—where farmers entrust a significant portion of agricultural work to neighbors or agencies because they cannot drive tractors themselves—is common. Strictly penalizing this as illegal leasing or non-self-cultivation would result in a large number of innocent victims. Acceleration of Abandonment of Agriculture: When farmers who are forced to temporarily leave their land fallow or lease it out due to illness or old age face the risk of being branded as criminals, cases of them abandoning farming altogether are occurring in rapid succession. 3. Stagnation of the Farmland Market and Crash in Asset Values Strong regulations and investigations cause a sharp contraction in the farmland market. Transaction Cliff: If requirements for acquiring and holding farmland become stricter, the influx of urban residents is blocked, and the farmland sales market freezes completely. Decline in Collateral Value and Financial Instability: If farmland prices plummet, the property rights of indigenous farmers who have regarded farmland as their lifelong legacy and asset are infringed upon. In particular, it can also deal a blow to the financial soundness of financial institutions, such as local agricultural cooperatives, that have provided loans secured by farmland. 4. Increased Instability for Tenant Farmers and Decline in Agricultural Productivity Focusing solely on detecting illegal leases leads to significant damage to tenant farmers who are actually farming. Avoidance of Lease Agreements: Landlords, fearing punishment, may refuse to extend contracts with existing tenant farmers or reclaim the land and leave it abandoned. Cultivated Land Shortage: Given that a significant portion of Korea's farmland is operated under leases, if farmland outside the institutional framework is frozen, young farmers and full-time farmers may be unable to secure land to cultivate, potentially shaking the foundation of agricultural production. Key Summary While the government's comprehensive farmland survey is justified by the justification of "eradicating speculation," it could actually lead to a contraction of the rural economy unless it meticulously addresses on-site side effects—such as the reality of an aging rural population, limitations in administrative personnel, and damage to farmers resulting from the decline in farmland asset values. Registration No. 41461 - 2023 - 00091 Kim Hyung-sun Real Estate Agency Address: 109-1, Yangji-ri, Yangji-myeon, Cheoin-gu, Yongin-si (Right in front of Yangji IC) Inquiries: 010-5477-2808 Representative: Kim Hyung-sun [Publications] Land Does Not Lie Land Investment Secrets: Ten-Ten Real Estate Policy Theory / Real Estate Investment Theory / Real Estate Consulting New Town Development Theory, and many others ☞ Band: Real Estate Investment Club https://band.us/band/65974088 ☞ Naver Blog: https://blog.naver.com/kimhs2808 Graduated from the Department of Real Estate, Graduate School of Public Administration, Konkuk University (Major: Real Estate Development Policy) Obtained Ph.D. in Public Administration from Kyonggi University Graduate School (Real Estate Policy, Development) Head Professor, Real Estate Consulting Course, Graduate School of Public Administration, Kyonggi University Head Professor, Special Real Estate Course, Social Education Center, Kyonggi University Kyonggi University Professor, Department ...

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