"Claiming Losses from Rental Apartment Development, Is Candidate Lee Jae-myung a Real Estate Developer?"

Yoon Seok-yeol, the presidential candidate from the People Power Party and Prosecutor General, directly criticized past remarks made by Lee Jae-myung, the presidential candidate from the Democratic Party of Korea. <br>[Image source=Yonhap News]

Yoon Seok-yeol, the presidential candidate from the People Power Party and Prosecutor General, directly criticized past remarks made by Lee Jae-myung, the presidential candidate from the Democratic Party of Korea.
[Image source=Yonhap News]

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[Asia Economy Reporter Kim Seohyun] Yoon Seok-yeol, the People Power Party's presidential candidate and former Prosecutor General, criticized Lee Jae-myung, the Democratic Party's presidential candidate, over his so-called 'loss on rental apartments' remark, saying, "The 'pro-common people' mask of candidate Lee Jae-myung, who always talks about the common people whenever he opens his mouth, has been torn once again."


On the morning of the 4th, Yoon posted a message titled "Lee Jae-myung's Pro-Common People Mask Torn Once Again" on his Facebook, expressing this view.


He began by saying, "The voice of candidate Lee Jae-myung saying 'I don't want to build rental apartments because they cause losses' has been revealed, causing controversy. It's shocking."


The day before, Kim Eun-hye, a People Power Party lawmaker, released a video from January 2013 of Lee Jae-myung's New Year's greeting as the mayor of Seongnam. The video showed Lee saying, "I don't want to build and operate rental apartments. That's because it causes losses. It results in deficits."


In response, Yoon criticized, "Rental apartments are necessary for the common people, but he says he won't build them because the development profit is minimal," and asked, "Does candidate Lee Jae-myung judge rental apartments based on whether they make a profit or not? Is he a real estate developer?"


He further described the remark as "Lee Jae-myung's two-faced nature," saying, "On one hand, he pretends to be pro-common people by distributing cash to the public, but on the other hand, he treats the homes of the common people like worthless items based on profit and loss, showing an anti-common people double face."


Yoon also claimed, "Candidate Lee Jae-myung once confessed that he designed the Daejang-dong development," and added, "Looking at the remarks revealed today, it seems the plan was already in place. He intends to minimize the scale of loss-making rental apartments and give astronomical development profits to his close associates and private developers."



He concluded by saying, "Today, it seems that Lee Jae-myung's enemy is his past self," and criticized, "'A festival of empty promises' and someone who denies everything when problems arise, so he probably doesn't remember his remarks from eight years ago. But the public knows everything. We clearly see Lee Jae-myung's two faces. Now, take off that mask."


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

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