[Asia Economy Reporter Jeon Jin-young] Park Sung-min, Supreme Council Member of the Democratic Party of Korea, on the 2nd, regarding the political circle's real estate 'Yeongkkeul' controversy, said, "There were remarks that did not understand the desperate psychology of young people," and pointed out, "More measures were needed to show the stability of real estate policies."

Sangmin Park, Supreme Council Member, on Hyunmi Kim's 'Yeongkkeul': "Must Show Stability to Desperate Youth" View original image

Earlier, on the 31st of last month, Kim Hyun-mi, Minister of Land, Infrastructure and Transport, sparked controversy by saying about the apartment buying frenzy among people in their 30s, "'Yeongkkeul' (meaning gathering money by pulling together even one's soul) to buy a house?whether it is beneficial in the long term or if it is better to wait and purchase at a reasonable price considering the future supply volume in Seoul and new towns?needs to be thought about."


On the morning of the same day, Supreme Council Member Park said in an interview with YTN Radio's "Hwang Bo-seon's Start of a New Morning," "I understand why the controversy over the 'Yeongkkeul' remarks is arising," and added, "There were various political remarks such as 'you should wait,' but there were also several remarks that seemed not to understand the psychology of young people."



He emphasized, "Young people say they are desperate right now. Therefore, telling them to wait is not appropriate," and stressed, "More effective means are needed to continuously demonstrate how real estate policies will be stably implemented in the future."


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

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