SBS News

President Lee: Real Estate Policy Aims for Market Normalization, Not Forced Price Cuts President Lee Jae-myung stated regarding the government's real estate policy goals that the objective is not to "forcibly lower prices," placing emphasis on market normalization. SBS Jul 23, 2026 12:15 PM

Cho Hyun Says Strait of Hormuz Disruptions Pressuring Food and Energy Security, Proposes ASEAN Plus Three Joint Response South Korean Foreign Minister Cho Hyun stated that disruptions in the Strait of Hormuz are placing severe pressure on food and energy security, while proposing a joint response framework at the ASEAN Plus Three level. SBS Jul 23, 2026 11:57 AM

President Lee: Real Estate Policy Aims to 'Normalize' Market, Not Force Down Prices President Lee Jae-myung stated today regarding the government's real estate policy goals, emphasizing market normalization by saying, "We are not trying to force prices down." Presiding over the National Public Debate on Real Estate Policy at the KBS Annex in Yeouido, Seoul, President Lee made the remarks in response to an attendee's comment that "the goal of real estate policy must be established first," adding, "Policy authorities may have different views, but let me share my thoughts." President Lee noted, "If we were to set a target for housing prices and suppress or adjust supply and demand accordingly, wouldn't that be close to a socialist state? It is also not possible." He went on to say, "Completely ignoring market order, forcibly adjusting supply and demand, or controlling prices to artificially lower or raise them can hardly be policy goals. SBS Jul 23, 2026 11:53 AM

President Lee: Real Estate Is South Korea's Greatest Challenge... Concerned Over 'Lost 30 Years' President Lee Jae-myung emphasized today regarding the issue of stabilizing the housing market, stating, "This issue is one of South Korea's greatest challenges," and stressing the importance of drawing a social consensus on solutions. SBS Jul 23, 2026 11:48 AM

"Pointed Out Lee Kwang-soo and Handed Him the Mic"... "Regulate All Land in South Korea" President Lee Jae-myung held a large-scale debate session today to discuss the direction of real estate policies with citizens. SBS Jul 23, 2026 11:47 AM

"Holding Tax is Bitter Medicine"… Eliminating "Actual Residency" Requirement? A Radical Proposal President Lee Jae-myung held a large-scale public debate today to discuss the direction of real estate policies with citizens. SBS Jul 23, 2026 11:37 AM

Triple Surge and Insane Housing Prices: Public Deliver Blunt Truths to President Lee President Lee Jae-myung held a large-scale public debate today to discuss the direction of real estate policies with citizens. SBS Jul 23, 2026 11:35 AM

What Defines an Ultra-Expensive Apartment? "Above 1 Billion Won?" "I Live in a 500 Million Won One" [Baro-E News] President Lee Jae-myung held a large-scale public debate today to discuss the direction of real estate policies with citizens. SBS Jul 23, 2026 11:26 AM

'Sellout Upon Sale' Brought Up, Asking "Why Rental?"… President's Q&A with Real Estate Expert Chae Sang-wook President Lee Jae-myung held a large-scale debate today to discuss the direction of real estate policies with the public. SBS Jul 23, 2026 11:26 AM

President Lee: Real Estate Is South Korea's Greatest Challenge, Raising Concerns Over 'Lost 30 Years' Regarding housing market stabilization, President Lee Jae-myung emphasized today that "this issue is one of South Korea's greatest challenges," stressing the importance of building a social consensus on solutions. SBS Jul 23, 2026 11:21 AM