Hong Nam-ki "Selling Uiwang Apartment to Become a Single-Homeowner"

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, announced on the 9th that he will sell his apartment in Uiwang-si, Gyeonggi-do.

On the same day, Deputy Prime Minister Hong said on Facebook, "I will put down the heavy burden of not being a single-homeowner," adding, "In order to become a single-homeowner, I will not wait to sell the pre-sale rights and will sell the Uiwang apartment, which has been like family to me. I requested the sale today."

Deputy Prime Minister Hong stated, "Last year, I tried to resolve the multiple-home ownership by disposing of the pre-sale rights, but due to the resale prohibition regulation, I had announced that I would sell immediately upon moving in," and added, "However, recently, as the issue of multiple-home ownership among public officials arose, as a member of the State Council, I felt deeply sorry to the public."

Deputy Prime Minister Hong said, "I had thought I would return to the Uiwang house after finishing my public service," but added, "Now, I have decided to put down the burden that weighed heavily on my heart."

Deputy Prime Minister Hong expressed, "I hope the real estate market becomes a bit more rational," and said, "I will devote even more effort to ensure that the policy of eradicating speculative demand, protecting actual demanders, and providing tailored responses is implemented without wavering."

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