[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Onyu Lim] Seoul Mayor Oh Se-hoon stated that housing supply must be properly provided where there is demand, and the government should implement proactive reconstruction policies, including easing safety inspection regulations.


On the 20th, Mayor Oh criticized, through his social media (SNS), "So far, the Moon Jae-in administration disregarded basic principles and rather deliberately ignored the situation," adding, "Even in Seoul, artificial redevelopment and reconstruction restrictions continued during the previous mayor's term."


He referred to Land, Infrastructure and Transport Minister Noh Hyung-wook's remarks at a press briefing the day before, where the minister said redevelopment and reconstruction are necessary for housing supply in Seoul, and welcomed it by saying, "Although belated, I appreciate the responsible words as a public official."


He continued, "Even now, supply must be properly provided where there is demand," and wrote, "Seoul City will fully introduce public planning, significantly shortening the usual five-year designation period for maintenance zones to within two years."



He added, "Since the Ministry of Land, Infrastructure and Transport has recognized the necessity of supply through reconstruction, I ask the ministry to also consider easing the reconstruction safety inspection regulations under its authority," and warned, "Otherwise, housing supply through reconstruction over the next five years will inevitably face setbacks."


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

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