"Under 500 Households, Granted to Local Government Heads"... What Is the Conclusion on Yongsan Park?

[Anchor]

The ruling party and the government also agreed on the need to expand housing supply in the greater Seoul area. They are pushing for a plan to delegate authority over Seoul's redevelopment and reconstruction projects of under 500 households to heads of basic local governments.

Reporter Park Chan-beom has the details.

[Reporter]

Democratic Party leader Kim Min-seok and Chief Presidential Secretary Kang Hoon-sik spoke with one voice on the necessity of swiftly expanding housing supply during a consultation meeting between the party and the government yesterday (August 23).

[Kim Min-seok / Democratic Party Leader: To secure land sites across the board and expand real estate supply, we must mobilize all possible means and methods.]

[Kang Hoon-sik / Chief Presidential Secretary: More than anything else, signals are crucial for housing supply. Public anxiety over housing cannot be resolved through vague promises, but through concrete plans.]

Having discussed ways to expand supply by shortening approval procedures and improving regulations, the ruling party and the government decided to push for transferring authority regarding the promotion of redevelopment and reconstruction for housing projects with 500 households or fewer to basic local government heads, such as district mayors (gu-cheongjang), to ensure swift supply.

[Park Sung-joon / Senior Spokesperson of the Democratic Party: We have decided to actively discuss easing regulations on private redevelopment and reconstruction moving forward.]

Regarding the much-anticipated plan to supply housing by utilizing the Yongsan Park site, they stated that discussions took place, but withheld comments on a final conclusion.

[Park Sung-joon / Senior Spokesperson of the Democratic Party: Regarding Yongsan Park, I don't think it is the stage to make an announcement yet.]

This is because consultation procedures remain with the Seoul Metropolitan Government, which opposes the Yongsan Park housing supply plan. A Cheong Wa Dae official also projected that they need to watch the upcoming additional meeting scheduled for this week between Minister of Land, Infrastructure and Transport Kim Yun-deok and Seoul Mayor Oh Se-hoon.

Meanwhile, the People Power Party criticized the ruling party and government's discussions on revising the tax reform bill, asking, "How can the public trust policies that can be overturned every time they are announced?" They also sharpened their criticism, arguing that granting redevelopment and reconstruction authority to district mayors would neutralize the Seoul mayor's authority.

(Camera Reporter: Jung Sang-bo, Video Editor: Won Hyung-hee, Design: Lee Ga-jin)
※ Please note: This article was translated by AI and may contain errors.