"Coordination Between Ruling and Opposition Parties, Resolving Controversies Is the Government's Role"… President Moon "Will Listen to Opposition's Calls for Expanding Housing Supply"

[Asia Economy Reporter Ryu Jeong-min] Kim Sang-jo, Chief Presidential Secretary for Policy, appeared on KBS Radio's 'Kim Kyung-rae's Strongest Current Affairs' on the morning of the 17th and, when asked about the lifting of Seoul's Greenbelt restrictions, stated, "All policy measures are placed on the menu. Whether to implement them or not is a separate matter of judgment."


Kim said, "The government has already organized opinions through discussions between the ruling party and the government. It is the government's role to resolve the related controversies," he said.


Kim explained, "(Seoul City's opposition to lifting the Greenbelt) is natural. It is a decades-old issue. If there is no way to reconcile differences between the central government and local governments and to ease opposition from local residents, it cannot be done. The question is whether such a method can be developed."


[Image source=Yonhap News]

[Image source=Yonhap News]

View original image


Earlier, President Moon Jae-in, in his opening speech to the 21st National Assembly on the 16th, stated, "The top legislative task for people's livelihood right now is real estate measures. Globally, liquidity is at an all-time high, and interest rates are at an all-time low," adding, "The government will consider all necessary measures to curb speculation and stabilize housing prices."


In particular, President Moon pledged, "We will ease the burden on actual residents owning one household and one home and strongly promote measures for housing purchase and residential stability for low-income groups and youth as genuine demanders," and "We will actively seek necessary measures while listening to the opposition party's calls for expanding housing supply."



President Moon also requested the National Assembly's cooperation, emphasizing that government real estate policies, including the 'Three Lease Laws,' need legislative support from the Assembly to avoid becoming half-measures.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing