Yoon Claims Current Government Induced Real Estate Price Surge: "House Prices Soared to Prevent Owners from Becoming Conservative"

"Democratic Party disguises democracy, deceives the people as democratic figures"

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok, Seosan=Reporter Kwon Hyun-ji] Yoon Seok-yeol, the presidential candidate of the People Power Party, claimed on the 22nd that the current administration blocked citizens from owning homes in order to secure re-election. He emphasized that the surge in housing prices was intentional.

During a campaign event held in Seosan City that day, Candidate Yoon said, "The current administration has changed its real estate policies dozens of times, but housing prices have skyrocketed," adding, "Didn’t the soaring housing prices in Seoul spread nationwide?"

He continued, "The reason why housing prices surged despite dozens of policy changes is clearly shown in the core documents of their key forces," stating, "If people become homeowners, they tend to become conservative, which is disadvantageous for our left-wing forces’ rule. That’s why redevelopment and reconstruction in Seoul were completely halted. When former Seoul Mayor Park Won-soon came in, housing prices soared as a result."

Candidate Yoon criticized, "This is not a mistake or error but intentional," and said, "These people are armed with revolutionary theory and do not discriminate in their means and methods to maintain power; nothing else matters but staying in power," adding, "If a small group continues to rule and maintains this top-down totalitarian style while dividing positions and interests among themselves, corruption is inevitable."

He asserted, "The Democratic Party administration is now outdated and stuck in leftist social revolutionary ideology from 40 to 50 years ago, unable to move forward even a step," and said, "This has become a very serious obstacle to our country’s diplomacy, security, and economy. They deceive the people by pretending to be democratic and democratic figures."

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