Eonju Lee: "Moon Administration Has No Will to Lower House Prices to Help Common People... Homeless Are in Disaster"

Former Future United Party leader Lee Eon-ju is delivering a congratulatory speech at the Future United Party launch ceremony "2020 United Before the People," held last February at the National Assembly Members' Office Building.
[Image source=Yonhap News]

[Asia Economy Reporter Kim Young-eun] Former Future United Party (now People Power Party) lawmaker Lee Eon-ju pointed out on the 29th that "the Moon Jae-in administration has no intention whatsoever to lower housing prices to help ordinary people own their homes."

On the same day, Lee posted on his Facebook, "(The Moon Jae-in administration) talks about housing prices with their mouths, but inwardly hopes housing prices will rise," adding, "Because only then can they collect more taxes and it will be easier for them to be re-elected in the Seoul metropolitan area where they hold the majority of seats."

He continued, "Recently, they say they will 'realize the official land price,' making it seem as if previously the official land price was not realized and thus less tax was paid, but in reality, taxes are determined considering the income and tax-paying ability of the people bearing the burden," and said, "'Realizing the official land price' is just another way of saying 'raising the official land price' and 'increasing taxes such as property tax' with no other meaning."

He added, "The essence is tax increase, but by talking about realizing the official land price, they give the nuance that it is a policy to make things more just," criticizing, "The official land price is nothing more and nothing less than the standard amount for calculating taxes."

Lee said, "By raising the official land price, a tax bomb such as property tax will become a reality," and explained, "The government will claim that punitive taxes are imposed only on multi-homeowners and that it is for the benefit of the homeless, but in reality, it will be a disaster for the homeless." He further explained, "If taxes imposed on houses increase, the cost of maintaining those houses also rises, so ultimately, those costs will inevitably be passed on to the sale price or monthly rent."

He also pointed out, "In the end, knowing that housing prices or monthly rents will rise and make ordinary people suffer more, the government pretends not to know because they need to collect taxes," and criticized, "They pretend to care for the homeless in words, but in reality, they are deceiving by continuously raising both housing prices and monthly rents."

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