Ruling Party Still Views Market Solely as an Object of Regulation

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Lim Chun-han] On the 5th, the United Future Party criticized the government and ruling party, saying, "If they do not abandon the stubbornness of trying to control housing prices solely through a tax bomb without fundamental measures, even the 100th measure will not solve the real estate problem."


Bae Jun-young, spokesperson for the United Future Party, said in a verbal commentary on the same day, "The public clicked their tongues at the government's incompetence, which boasted that housing prices would stabilize but instead drove prices sky-high," and "They were angered by the hypocrisy of those who themselves hold multiple homes and benefited from the rise in housing prices."


Spokesperson Bae pointed out, "The ruling party reluctantly accepted some of the United Future Party's proposals to increase the supply of quality housing," but "still talks about recovering speculative income and continues to view the market only as an object of regulation."



Spokesperson Bae added, "The government has already presented the 21st real estate policy to the public's table. They say it is the right food and insist we must eat it unconditionally. But after eating it, problems keep arising," and "Isn't it common sense now to admit failure and first consider the preferences and tastes of the people? The public is already worried about what kind of food will be served next."


This content was produced with the assistance of AI translation services.

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