"All-Out Effort on Supply… Securing Housing Sites Even by Changing Laws and Systems"

[Anchor]

President Lee Jae-myung stated that a housing supply cliff has persisted from 2022 to the present, emphasizing that an all-out effort must be made for housing supply with an extraordinary resolve. He stressed that various approval procedures must be shortened and housing sites secured even if it requires revising laws and systems.

Reporter Kang Cheongwan has the details.

[Reporter]

Presiding over a senior secretaries meeting at the Blue House, President Lee emphasized the importance of "supply," stating that available means and capabilities must be intensively mobilized to resolve the real estate issue that threatens the nation's future.

[President Lee Jae-myung : An organic combination of unprecedented and swift supply, a fair and rational tax system, and meticulous and robust financial policies is essential above all else.]

Diagnosing that the real estate market has been facing a supply cliff from 2022 to the present, he said that an all-out effort on supply with an extraordinary resolve is necessary to fill this gap.

[President Lee Jae-myung : We must minimize various approval procedures to the greatest extent possible and secure housing sites aggressively, not bound by existing regulations, and even by changing laws and systems if necessary to proceed with supply.]

He also mentioned measures included in this real estate package aimed at eliminating the so-called "marriage penalty," such as expanded support for young adults and newlywed couples.

He explained that true administrative competence lies in moving away from administrative-convenience-driven, supplier-centric thinking and improving policies from the perspective of the public.

[President Lee Jae-myung : It becomes disadvantageous rather than being single after getting married. When single, a man and a woman each had separate opportunities, but when they combine, they decrease—things like this are unreasonable.]

President Lee also stated, "Even after policy announcements, we must faithfully reflect public opinion to further enhance policy completeness," adding, "Discussing and revising transparently to make a more perfect policy is a normal process, and I hope people will not describe accepting rational proposals as lacking consistency, flip-flopping, or creating a patchwork."

(Video by Ha Ryong and Yoon Hyung | Video Editing by Oh Young-taek)
※ Please note: This article was translated by AI and may contain errors.