Yoo Seung-min Criticizes Moon Administration's 'Real Estate Policy Failure' Saying "Regime Change Is the Answer"

On the afternoon of the 18th, former People Power Party lawmaker Yoo Seung-min is giving a lecture on "The Future of Our Economy and the Role of the Social Economy" at Natural Dream Park in Goesan-gun, Chungbuk. Photo by Yonhap News

[Asia Economy Reporter Nana] Former Future United Party (now People Power Party) lawmaker Yoo Seung-min criticized the Moon Jae-in administration's failure in real estate policy, saying "Only a regime change is the answer."

On the 22nd, Yoo said on Facebook, "Who will increase supply in the housing market and revive the private rental market to lower the house prices, monthly rent, and taxes raised by the Moon Jae-in administration?" and added, "Only a regime change is the answer."

Yoo pointed at President Moon Jae-in, saying, "He probably still does not realize his failure. He is unwilling to admit mistakes and avoid responsibility, only showing up to do superficial work, and fleeing at moments when he should take responsibility?a truly cowardly president," and "Since he does not admit mistakes or reflect, there is no way he will revise policies."

He continued, "President Moon said, 'I will wipe away the people's sorrowful tears,' but when the people shed tears, the president turns a blind eye," and added, "Let's give up hope now. Let's abandon hope in President Moon and the Democratic Party."

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