"All Measures to Be Mobilized to Expand Housing Supply"... Yongsan Park Discussed

[Anchor]

The Democratic Party and the government have agreed on the swift expansion of housing supply, particularly centering on the Seoul metropolitan area. Regarding the much-attention-focused plan to utilize the Yongsan Park site, they acknowledged that discussions took place, but avoided specific mentions.

Reporting next is Kang Min-u.

[Reporter]

Democratic Party Leader Kim Min-seok and Chief of Presidential Staff Kang Hoon-sik spoke with one voice on the necessity of swiftly expanding the housing supply during a party-government consultative meeting today (August 23).

[Kim Min-seok / Democratic Party Leader: We must mobilize all possible means and methods we can devise for all-out site preparation and the expansion of real estate supply.]

[Kang Hoon-sik / Chief of Presidential Staff: When it comes to housing supply, sending a signal is more important than anything else. The housing anxiety of the public can be resolved not through vague promises, but with concrete plans.]

Having discussed measures to expand supply through shortened approval procedures and regulatory improvements, the party and the government decided to push for transferring authority regarding the promotion of redevelopment and reconstruction for housing units of 500 households or fewer to heads of basic local governments, such as district mayors (gu-cheongjang), to ensure prompt supply.

[Park Sung-joon / Senior Spokesperson for the Democratic Party: We decided to actively discuss the relaxation of private redevelopment and reconstruction going forward.]

Regarding the housing supply plan utilizing the Yongsan Park site, which has drawn intense focus, they stated that discussions were held, but withheld final conclusions.

[Park Sung-joon / Senior Spokesperson for the Democratic Party: Regarding Yongsan Park, I do not think it is yet the stage to make an announcement.]

This is because consultation procedures remain with the Seoul Metropolitan Government, which has opposed the Yongsan Park housing supply plan. An official from the Blue House also projected that they need to watch the additional meeting scheduled for this week between Minister of Land, Infrastructure and Transport Kim Yoon-duk and Seoul Mayor Sehun.

The People Power Party criticized the party-government discussions on revising the tax reform plan, asking how the public could trust policies that could be overturned every time they are announced. They also sharpened their criticism, claiming that granting redevelopment and reconstruction authority to district mayors is an attempt to neutralize the authority of the Seoul Mayor.

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