Yoon Hee-sook: "Government's 'Jeonse Measures' Suspected to Be a Grand Plan to Control People's Lives" View original image


[Asia Economy Reporter Lee Ji-eun] On the 19th, Yoon Hee-sook, a member of the People Power Party, criticized the government's announced measures to address the jeonse housing crisis, saying, "I suspect there is a grand plan for the government to replace the market and control the lives of the people."


On the morning of the same day, Representative Yoon stated on Facebook, "Targeting public rental housing to the middle class (150% of median income), excluding only the upper class, is an unprecedented change in the history of our country's housing policy."


On that day, Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, announced a jeonse housing plan that includes supplying a total of 114,000 rental housing units nationwide over the next two years and 63,000 high-quality medium-sized housing units over five years.


Regarding this, Representative Yoon pointed out, "Until now, the government's policy direction has been to supply small-sized housing limited to socially vulnerable groups who cannot achieve housing stability on their own, while helping the middle class climb the housing ladder through the functioning of the housing and rental markets by overcoming various obstacles. Today's announcement represents a shocking shift in the roles of the government and the market."


He emphasized, "What should be noted is why such a profound change in direction suddenly appeared," adding, "It emerged abruptly during the process of managing the jeonse crisis caused by hasty legislation from the ruling party and government, without any in-depth discussion."


Representative Yoon criticized, "This behavior can only be described as absurd," and said, "If you have stirred up a perfectly functioning jeonse market and caused chaos, common sense dictates that you should first undo the mistakes made."



He further stated, "It is normal to first reverse the biggest mistakes that caused the shock and then gradually restore government trust if it is not healed by that," and pointed out, "At this point, one cannot help but suspect that beneath all this turmoil lies a grand plan for the government to replace the market and control the lives of the people."


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

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