[Breaking News] Prime Minister Chung Urges High-Ranking Multi-Home Officials to Sell Quickly

Prime Minister Jeong Sye-kyun

[Asia Economy Reporter Kwangho Lee] Prime Minister Chung Sye-kyun on the 8th urged, "Each ministry, including local governments, should promptly ascertain the housing ownership status of high-ranking public officials, and in the case of multiple homeowners, take measures to enable them to sell their properties as soon as possible."

Prime Minister Chung presided over the Central Disaster and Safety Countermeasures Headquarters (CDSCH) meeting on the response to the novel coronavirus infection (COVID-19) held at the Government Seoul Office, stating, "Recently, public opinion has been very unfavorable due to real estate issues, and although the government is striving to prepare countermeasures, if high-ranking public officials own multiple houses, it will be difficult to gain the trust of the people regardless of any policy proposed. All efforts may be in vain."

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