Hong Nam-ki Deputy Prime Minister's 'National Address' on Real Estate Tomorrow
Hong Nam-ki, Deputy Prime Minister for Economy and Minister of Strategy and Finance Photo by Yonhap News
View original image[Sejong=Asia Economy Reporter Son Seon-hee] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, will deliver a public address on the real estate market situation on the 28th.
On the 27th, the Ministry of Economy and Finance announced that Deputy Prime Minister Hong will hold a joint briefing with related ministries at the Government Seoul Office on the morning of the 28th under the theme "A Message to the People" regarding the real estate market. The briefing will also be attended by No Hyung-wook, Minister of Land, Infrastructure and Transport, Eun Sung-soo, Chairman of the Financial Services Commission, and Kim Chang-ryong, Commissioner of the National Police Agency.
At this event, Deputy Prime Minister Hong is expected to present the government's diagnosis and policy direction concerning the recently rising real estate market. Additionally, attention is focused on whether he will mention real estate-related financial policies and the three lease laws, which have been in effect for one year.
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Regarding this, Deputy Prime Minister Hong announced at the real estate market inspection meeting with related ministers on the 21st, "Soon, we will comprehensively organize accurate information and directions related to real estate market trends, market diagnosis, supply policies, loan management, and government policy intentions, and provide a separate opportunity to explain them to the public and market participants."
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