▲ People Power Party Floor Leader Jeong Jeom-sik speaks at the party's supreme council meeting held at the National Assembly on November 2.
People Power Party Floor Leader Jeong Jeom-sik urged the president to admit the failure of his real estate policies, saying, "The capital area is currently in a rental crisis. The president must acknowledge the failure of real estate policy, scrap the October 15 measures first, and completely shift the direction of real estate policies."
Speaking at the supreme council meeting held at the National Assembly today (November 2), Floor Leader Jeong stated, "As a result of the October 15 real estate measures, which strengthened mandatory residency requirements and tightened regulations on jeonse (lump-sum deposit) loans, home sales have frozen and jeonse listings have dried up. Consequently, all demand is being concentrated on monthly rent, causing rent to skyrocket and spreading from Seoul to Gyeonggi Province through a balloon effect."
He continued, "Despite this situation, the president shared an unverified post on social media last weekend claiming that housing prices will drop, writing that he is enduring on the arduous path toward normalizing the asset market," criticizing, "Surging rental prices have worsened over the past year. Is this truly the normalization of the asset market?"
He also remarked, "Because your son lives comfortably at the Hannam-dong official residence, the rental crisis faced by young people must seem like someone else's business. Why do you tell other people's precious children to endure suffering that your own son does not face? Start by telling the president's second son to find a place to live on his own, whether through jeonse or monthly rent."
Referring to a post uploaded to the court's internal intranet on October 30 by Judge Seong Chan-yong of the Incheon District Court, Floor Leader Jeong stated, "Judge Seong compared the series of acts undermining the judiciary to George Orwell's 'Animal Farm.' While the president brands those who criticize him as pigs, the person actually acting like the pigs in Animal Farm is the president himself."
He added, "The judicial reform championed by the government and ruling party is nothing more than the destruction of the system to aid the president's jailbreak. I warn the president: if an inmate is caught attempting a prison break, it only increases the prison sentence. The same applies to a political jailbreak. Unconstitutional and unlawful actions aimed at eliminating judicial risks will ultimately turn into even greater charges and strike the president."
(Photo: Yonhap News)
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