Visiting New Towns to Vent Frustration... "Repeating the Failure Trajectory of the Moon Administration"

[Anchor]

The People Power Party visited a third-generation new town construction site today (August 13). They met with prospective residents to criticize the government's loan policies. Regarding the real estate supply measures announced today, they sharpened their criticism, calling it a "rehashed policy that follows the failure trajectory of the Moon Jae-in administration."

Here is a report by reporter Kim Bo-mi.

[Reporter]

The People Power Party's Special Committee on Real Estate Normalization, headed by Representative Chang Dong-hyeok, visited the construction site of the Changneung New Town in Goyang, Gyeonggi Province, today.

Representative Chang also met with prospective residents of the third-generation new town who are protesting that the preferential loan conditions presented during the preliminary subscription recruitment in 2022 disappeared just before the main subscription.

[Chang Dong-hyeok / People Power Party Representative : Real estate policy is about people's livelihood, not ideology. The housing stability of actual demand seekers must naturally be at its center.]

Regarding the real estate policies such as the August 13 supply measures announced by the government today, the People Power Party dismissed them as a "deceptive loan-encouraging policy" and a "substance-less measure" that merely rehashes past policies.

[Choi Su-jin / People Power Party Senior Floor Spokesperson : Given that it is a belated announcement and a rehashed policy with nothing new, it is simply repeating the footsteps of the Moon Jae-in administration's failed real estate policies.]

In particular, pointing out that the household loan aggregate target was doubled from 1.5% to 3% in just four months due to the so-called "loan open-run" phenomenon, they argued, "It looks like the government is taking the lead in loosening loan restrictions and pushing citizens into mountains of debt."

They also criticized it as a "deception," noting that although the government claims it will additionally supply 230,000 households in the Seoul metropolitan area, specific locations have been announced for only 27,000 households, with only 1,000 households located at the Yeomchang Park site in Gangseo-gu, Seoul, where demand is actually concentrated.

Regarding the government's announcement to nearly halve the construction start period for public housing sites to 37 months, the Reform Party also demanded, "Various approvals and permits, such as land compensation and relocation, cannot be rushed just by shouting for a speed battle. Come up with specific execution plans first."

(Camera Reporter: Lee Seung-hwan, Shin Dong-hwan | Video Editor: Park Seon-su | Designer: Lee Jong-jung)
※ Please note: This article was translated by AI and may contain errors.