Oh Se-hoon: "Will You Increase the Number of Hotels That Disappeared If Tourists Increase After Overcoming COVID-19?"

[Asia Economy Reporter Lee Ji-eun] Former Seoul Mayor Oh Se-hoon questioned the government's real estate policy to supply jeonse by remodeling hotels, asking, "Will they introduce another special law to increase the disappeared hotels once COVID-19 is overcome and tourists increase?"

On the 19th, former Mayor Oh stated on Facebook, "This government's stubbornness has ultimately led to the absurd idea of converting downtown hotels into public jeonse supply."

He said, "Downtown hotels are tourism industry assets with clearly designated uses, supported by special laws (Special Act for the Expansion of Tourism Accommodation Facilities) that eased floor area ratios to revitalize the tourism industry."

"When COVID-19 is overcome and tourists visiting Seoul increase again in 2 to 3 years, will they introduce another special law to increase the disappeared hotels?" he questioned.

Former Mayor Oh also asked, "What about the lifelong housing supply that is planned to be provided by relaxing even the median income criteria?" He pointed out, "The 20-year long-term jeonse housing (SHIFT), which he introduced in 2007 and supplied more than 30,000 units, was fiercely opposed by the Democratic Party at the time for extending benefits to the middle class, and has been fading away under Mayor Park Won-soon."

He criticized, "It is deplorable hypocrisy to have obstructed the same policy and now announce it as a gift to the middle class." He added, "The Moon administration, with its shortsightedness that cannot foresee even a few years ahead, must deeply reflect."

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