Han Byeong-do Strongly Criticizes Oh Se-hoon and People Power Party Over Housing Supply

Democratic Party of Korea Acting Leader and Floor Leader Han Byeong-do stated regarding real estate policies, "We will stabilize the housing market with comprehensive measures encompassing supply, taxation, and finance."

During a policy coordination meeting held at the National Assembly on the 13th, Acting Leader Han emphasized, "We will create a housing market where the public can feel at ease through speedy supply and support for genuine homebuyers."

Acting Leader Han pointed out, "Just as stabilizing the housing market is not a problem that can be solved by the efforts of a single ministry alone, housing policy is not a task that can be achieved through the success of a single administration. Nevertheless, the People Power Party is pouring out criticisms as if it were someone else's business, without any responsible reflection on the sluggish supply during the previous government."

He added, "The significant drop in approvals and construction starts during the Yoon Suk Yeol administration is leading to the current supply shortage and the upcoming decline in move-in volumes. It is truly frustrating that after weakening the supply foundation for the past three years while they were the ruling party, they are now hindering the government's policies to promote supply now that they are the opposition."

Directing his remarks toward Seoul Mayor Oh Se-hoon, Acting Leader Han criticized, "From 2022 to 2024, Seoul's housing approval, construction start, and completion figures fell woefully short. With this level of performance, it is difficult to avoid criticism that supply is just talk."

He urged, "Housing stability is not a subject for wasteful political strife, but a livelihood task that the government, the National Assembly, and local governments must all put their heads together to meticulously design and execute. I hope Mayor Oh and the People Power Party will join in grand cooperation for the housing stability of the public."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.