'House Prices Won't Fall' Jin Sung-jun Gets "As You Said"

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Lee Ji-eun] On the 16th, Hong Moon-pyo, a member of the Future United Party, criticized President Moon Jae-in's National Assembly opening speech, saying, "Pretending not to know about the power-related sexual harassment issues involving the late Mayor Park Won-soon of Seoul, former Mayor Oh Keo-don of Busan, and former Governor Ahn Hee-jung of Gyeongnam and overlooking them was unbecoming of a president."


On the same day, Hong appeared on YTN Radio's 'Starting Morning' and said, "The content of the opening speech was only superficial; there was nothing substantial that we could empathize with."


He added, "Regarding recent major issues such as the late General Paik Sun-yup, the president should have generously addressed them by saying, 'There is a past, but he is a hero of the Korean War,' and also touched on the power-related sexual harassment problems. Society is chaotic and noisy, and pretending not to know and overlooking these issues was unbecoming of a president."


He continued, "Issues like Yoon Mi-hyang, the failure of 22 real estate policies, and the destruction of the inter-Korean liaison office should have been at least mentioned to the public with an apology. Also, it would have been better to smoothly transition to the Korean New Deal issue," he added.


Regarding the Korean New Deal emphasized by President Moon in his opening speech, he said, "It is about investing 160 trillion won over five years and employing 1.9 million unemployed people, but when you look at each of the ten project details, they are things we cannot understand," adding, "To gain some public agreement on these ten projects, opportunities such as public hearings and debates should be created to inform the public about national projects."


He further said, "There was no mention at all about how to raise the funds," and added, "The way to rescue the unemployed is through companies. Public sector jobs are funded by taxpayers' money, so they have no value."



Regarding Democratic Party member Jin Sung-jun's statement on the previous day's MBC '100-Minute Debate' that "house prices will not fall" after the debate ended, he said, "As Jin said, if housing prices are excessively controlled, it eventually becomes a rubber balloon effect," adding, "Housing policy should be entrusted to market economy principles even now to correct the situation in the long term. Trying to solve this problem immediately will cause the current rubber balloon phenomenon."


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

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