Song Seok-jun: "Jin Seong-jun's Remarks Clearly Expose the Flaws of the July 10 Measures"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] Song Seok-jun, chairman of the Future United Party's Special Committee for Normalizing the Real Estate Market, criticized Democratic Party lawmaker Jin Seong-jun's remark that "house prices will not fall," calling it "a blatant exposure of the loopholes in the July 10 measures."

On the 17th, Chairman Song appeared on MBC's 'News Outside' and said, "It unintentionally revealed the true face of the policy."

Earlier, lawmaker Jin appeared on MBC's '100-Minute Debate' and, after the debate, while talking with Kim Hyun-ah, a Future United Party emergency committee member, made a remark implying that "house prices will not fall," sparking controversy. Chairman Song also attended the 100-Minute Debate that day.

Chairman Song said, "Committee member Kim subtly raised the point that 'this measure is too strong, so won't real estate prices fall? There is a problem if this is done when fundamentals are weak,'" adding, "Lawmaker Jin's remark objectively reflected the prevailing situation."

Regarding the moderator's comment that Jin's remark contradicted the earlier debate content, he said, "Yes. Although he explained it that way, from the debate standpoint, it is so," and added, "(The rise in house prices) is also a phenomenon we were concerned about."

Chairman Song also mentioned feeling that house prices have risen further after the July 10 measures. He said, "According to my monitoring, prices are rising tremendously," and "Even in my usually quiet constituency, premiums are being added to apartments currently for sale."

In response, Democratic Party lawmaker Park Ju-min said, "(The July 10 measures) are comprehensive and send a message to multi-homeowners," adding, "However, there are voices pointing out shortcomings, and additional policies may be introduced."

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