Non-Homeowners Group: "Five Culprits of Soaring House Prices, Kim Soo-hyun, Kim Hyun-mi, Kim Sang-jo... Mastermind Moon Jae-in"

Egg and Stone Throwing Performance Announced

President Moon Jae-in is wearing a mask printed with "Real Estate Corruption Eradication" at the 7th Fair Society Anti-Corruption Policy Council held at the Blue House main building on March 29.

Members of a civic group advocating for the rights of the homeless strongly criticized President Moon Jae-in, former Blue House policy chief Kim Soo-hyun, former Minister of Land, Infrastructure and Transport Kim Hyun-mi, and others as the "Five Enemies of Skyrocketing Housing Prices" on the 10th.

The Citizens' Action for Housing Price Normalization (hereafter Citizens' Action) announced a "performance of throwing eggs and stones at the Five Enemies" in front of the Blue House at 11 a.m. that day, stating, "We aim to identify the culprits who caused 22 million homeless citizens to shed tears of blood by causing housing prices to skyrocket and record them in history as a lesson for future generations."

Citizens' Action named President Moon, former policy chief Kim Soo-hyun, former minister Kim Hyun-mi, former Blue House policy chief Kim Sang-jo, the Democratic Party of Korea, and the Monetary Policy Committee members as the "Five Enemies."

They grouped former policy chief Kim Soo-hyun and former minister Kim Hyun-mi together, saying, "They implemented the tax benefit policy for housing rental business operators, the largest housing speculation-promoting policy since the era of Dangun, causing housing prices to skyrocket and condemning 22 million homeless citizens to a life of hell."

Regarding former policy chief Kim Sang-jo, they claimed, "He declared that '100% tax benefits will be guaranteed for pre-registered rental housing' and refused to abolish the tax benefits."

They also targeted the Democratic Party of Korea, stating, "They abetted the skyrocketing housing prices by implementing the tax benefit policy for housing rental business operators, refused to abolish these tax benefits, and after the April 7 election defeat, opposed policies to lower housing prices, saying they would win next year's election with votes from homeowners."

Governor of the Bank of Korea Lee Ju-yeol and the Monetary Policy Committee members were also put on the spot. Citizens' Action said, "The Monetary Policy Committee members appointed by the Moon Jae-in administration aggressively lowered the base interest rate just like those appointed by Park Geun-hye, printing money overnight. They are guilty of irresponsibly lowering the base interest rate and flooding the market with money, contributing to the skyrocketing housing prices."

Citizens' Action then mentioned President Moon, saying, "The combined guilt of the Five Enemies is so heavy that there is a name that cannot be placed in the same category," referring to President Moon. They called him the "ringleader," saying, "As the appointing authority of the Five Enemies and the highest national leader, 'Moon Jae-in' is the name that turned the candlelight citizens who gave him power into sudden paupers."

Citizens' Action accused President Moon of "betraying the expectations of the candlelight citizens to lower housing prices, verbally promising a 'war against real estate speculation' and 'restoration of housing prices,' but in reality granting enormous tax benefits to multi-home rental business operators, deceiving the public," adding, "The crime of breaking a national promise like a discarded object is immeasurable, so we intend to record Moon Jae-in's name as the 'ringleader of the Five Enemies.'"

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