▲ Apartment complexes in Seoul viewed from Namsan
Amid growing concerns over rising lease prices and heavier actual-residence tax burdens following the government's announcement of real estate tax code revisions, the Seoul Metropolitan Government is holding an open public debate to listen to citizens' voices.
The Seoul Metropolitan Government announced that it will hold a 90-minute "Citizens' Grand Debate for Real Estate Normalization" at 10:00 a.m. tomorrow (August 6) in the main conference room on the 3rd floor of City Hall, which will be broadcast live via the city's official YouTube channel.
Seoul Mayor Oh Se-hoon, young homeless people, single-home owners not residing in their properties, private rental business operators, and real estate experts will attend. The event will be moderated by Kim Byung-min, chairman of the G3 Seoul Planning Committee and former Seoul Vice Mayor for Political Affairs.
The city explained that this event is a citizen-participatory open debate prompted by the government's announcement of tax code revisions on the 3rd, designed to listen without filter to the burdens and concerns felt by citizens rather than unilaterally explaining systems and policies.
During the debate, the city plans to state its position that practical expansion of housing supply, such as reconstruction and redevelopment, is necessary to stabilize the housing market rather than increasing tax burdens.
Citizens, real estate content creators, and experts will freely discuss four major topics at the debate: ▲ tax code revisions, ▲ real estate transactions, ▲ the lease market, and ▲ housing supply.
Online viewers can also participate in the debate by leaving real-time comments and connecting via video.
The city plans to make public specific details, including citizen opinions and expert answers, after the debate concludes.
Mayor Oh said, "If the government's tax code revisions contract the lease market, the burden will ultimately fall on ordinary citizens and young people," adding, "Through this debate, I will directly hear what citizens are actually worried about."
He further emphasized, "The fundamental solution to stabilizing the housing market is not taxes, but a sufficient housing supply," and stated, "We will further accelerate policies that can practically increase supply in Seoul, including redevelopment and reconstruction."
(Photo: Yonhap News)
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