Yoon Hee-sook: "Send the National Assembly to Sejong City and Supply Apartments on 100,000 Pyeong in Yeouido"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] Yoon Hee-sook, a member of the People Power Party, mentioned the ruling party's plan to relocate the administrative capital and emphasized, "There needs to be a plan to create a good apartment complex combining parks and apartments on the Yeouido National Assembly land."

On the morning of the 3rd, Yoon appeared on KBS Radio's Kim Kyung-rae's Strong Current Affairs and said, "If the plan is to complete the administrative capital by moving the National Assembly, why leave the parliamentary building behind?"

He said, "The completion of the administrative capital between Seoul and Sejong has been used too much as a political card," adding, "It is necessary to move everything and use 100,000 pyeong in Seoul as part of the government's very proactive plan to resolve the housing supply-demand gap."

Yoon said, "People prefer Gangnam, but if there are several complexes like Gangnam in Seoul and across the country, and if such trust is given to the people now, it will calm the market confusion that apartment prices will continue to soar uncontrollably in the future," adding, "If the market has been damaged 24 times, it is necessary to reverse this with gradual measures that provide trust equivalent to those 24 times."

Regarding Minister of Land, Infrastructure and Transport Kim Hyun-mi's remark, "If apartments are bread, I will make them overnight," he pointed out, "It is not a wrong statement but she said it out of frustration. However, as the minister in charge, if there is a problem, she must identify the cause and prepare countermeasures," adding, "The statement about making bread overnight gives a feeling of giving up and is not something a minister in charge should say."

Yoon criticized that the public rental housing proposed by the government cannot be an alternative. He said, "Building public rental housing for the housing vulnerable is something all governments must work very hard on, but there are not many countries doing it well," adding, "Because these are ownerless houses, it is very difficult to manage them as quality housing, and our country has not been satisfactory so far."

He added, "The government that damaged the market is now saying it will solve the problem with public rental housing even for the middle class, while failing to properly provide public rental housing for the vulnerable, which it originally should do," and said, "It is very difficult to have trust in whether this can be sustainable in the long term."

Regarding the criticism that stimulating speculative demand could further raise housing prices, he said, "It cannot be said that there are no speculators, but the continuous rise in apartment prices over the four years since the Moon Jae-in administration cannot be explained by only some speculators," adding, "Basically, it can only be interpreted that there is a continuous supply-demand gap in the market, but from the government's perspective, to avoid that problem, they kept blaming speculators as the cause."

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