[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Kang Nahum] Kim Haeyoung, a Supreme Council member of the Democratic Party of Korea known as the 'Mr. Harsh Critic' within the party, stated on the 3rd, "Every policy has not only advantages but also disadvantages," and added, "Majority rule should be the last resort." This is interpreted as criticism of the situation where real estate-related bills were processed in the National Assembly led by the Democratic Party despite opposition from opposition parties such as the United Future Party.


At the Supreme Council meeting that day, Kim said, "In the operation of the National Assembly, there must be sufficient discussion, persuasion, and compromise between the ruling and opposition parties to realize parliamentary democracy."


He said, "Every policy has not only advantages but also disadvantages," and added, "When a policy is implemented, unforeseen results may occur. The same applies to other agendas that were taken for granted in our society."


He continued, "In an era where political polarization is intensifying, the courage of politicians for cooperation is more necessary than ever," and argued, "Through the opposing party's claims, we can reconsider parts we might overlook and also make corrections and supplements."


He also said, "Rather than opposing without alternatives, the United Future Party should faithfully engage in discussions at the standing committee level to solve problems," and added, "We should be cautious of the attitude that only my words or our words are right and listen carefully to the other party's words."


Meanwhile, Lee Hae-chan, leader of the Democratic Party, stated on the 4th, the last session day of the July extraordinary National Assembly, "We will ensure that real estate-related bills, including the Real Estate Transaction Reporting Act and the Comprehensive Real Estate Tax Act, as well as livelihood economy bills, are definitely processed."



He explained, "The unusually rapid implementation of the bills was to quickly calm market confusion," and added, "In fact, the bills were delayed in passing during the 20th National Assembly and carried over to the 21st."


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

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