Oh Se-hoon: "Park Young-sun's Redevelopment Policy Disappointing... The Desperation of the Homeless, Not Greed"

On the afternoon of the 25th, a post titled 'About Candidate Park Young-sun's City of Greed' was uploaded on Facebook

Former Seoul Mayor Oh Se-hoon of the People Power Party, who declared his candidacy for the Seoul mayoral by-election / Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Kum Bo-ryeong] Former Seoul Mayor Oh Se-hoon expressed regret over former Minister of SMEs and Startups Park Young-sun's redevelopment policy in Seoul.

On the afternoon of the 25th, former Mayor Oh posted on Facebook an article titled "Regarding Candidate Park Young-sun's City of Greed." Former Mayor Oh and former Minister Park are each running for the Seoul mayoral by-election under the People Power Party and the Democratic Party, respectively.

In his Facebook post, former Mayor Oh said, "I welcome former Minister Park's statement about creating an 'attractive global digital city.' I also sympathize with the opinion of selectively providing disaster relief funds," adding, "I feel that rational dialogue could be possible beyond party lines."

However, he expressed regret regarding the redevelopment issue. Former Mayor Oh stated, "One thing I regret is the remark that 'Seoul should not be made a city of greed.' The fact that the word 'greed' came to mind in response to a question about private-led redevelopment reminds me of the redevelopment hostility policy of the late former Mayor Park Won-soon. Former Mayor Park's hostile policies toward redevelopment and reconstruction are the most fundamental cause of the current housing market disaster," he criticized.

He continued, "What is most serious this time is that young people have reached the point of borrowing not only loans but even their souls, known as 'Yeongkkeul' (borrowing to the limit), to buy houses," emphasizing, "New housing must be supplied in the areas where people want to live for the housing market to enter a virtuous cycle. The hearts of the homeless and low-income people are not 'greed' but 'desperation.'"

Former Mayor Oh also said, "The only way to alleviate the anxiety that one may never be able to buy a home in their lifetime is now redevelopment and reconstruction in Seoul. Since there is almost no vacant land in Seoul, large-scale land supply is impossible," adding, "We need deep consideration on how to embrace the common people who want to live in good homes by solving problems such as dilapidated housing, narrow roads where people have to avoid cars, and insufficient parking lots that make residents anxious about when they will be asked to move their cars."

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