"Building Worth 17.7 Billion Won in Gangnam... No Property Tax Paid in Gyeonggi-do"

A post by lawyer Hyun Geun-taek on Facebook regarding People Power Party candidate Kim Eun-hye

A post by lawyer Hyun Geun-taek on Facebook regarding People Power Party candidate Kim Eun-hye

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[Asia Economy (Suwon) = Reporter Lee Young-gyu] Lawyer Hyun Geun-taek expressed doubt about whether it is appropriate for Kim Eun-hye, the People Power Party candidate for Gyeonggi Province governor, who is the wealthiest real estate owner among the 21st National Assembly members, to announce a pledge to reduce property tax.


He also criticized that Kim herself pays property tax in Gangnam-gu, Seoul, but does not pay a single won in Gyeonggi Province.


On the 13th, through a post titled "Does Candidate Kim Eun-hye Have the Qualification to Discuss Gyeonggi Property Tax?" on his Facebook, Lawyer Hyun claimed, "Candidate Kim is the wealthiest real estate owner among the 21st National Assembly members," adding, "Her declared property value is 17.7 billion KRW, but considering it is based on the official land price report, the actual real estate value is likely much higher."


He continued, "(Candidate Kim) owns a building in Daechi-dong, Gangnam-gu (15.8 billion KRW) and a multi-family house in Nonhyeon-dong, Gangnam-gu, so she is probably paying the local property tax to Gangnam-gu," and directly stated, "She pays property tax in Seoul while mentioning Gyeonggi property tax."


He also questioned, "Is she not included in the 'our Gyeonggi residents' she talks about?" and pointed out, "If she lives in Bundang with a deposit of 100 million KRW, it means she can leave anytime, but at the very least, she should pay property tax in Gyeonggi and discuss 'Gyeonggi property tax' as a courtesy to the residents."


Earlier, on the 11th, Candidate Kim announced a pledge to reduce Gyeonggi property tax, stating, "Gyeonggi residents are suffering due to the highest level of increase in official land prices nationwide."





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