Park Dae-chul "Government's Plan to Utilize LH Rental Housing Differs from Opposition's Public Purchase"

"Government Plan to Enable Purchase of Rental Housing"

The government’s discussion of expanding the Korea Land and Housing Corporation (LH)’s purchase rental housing as a measure against jeonse fraud damage was explained by Park Dae-chul, the Policy Committee Chairman of the People Power Party, as "allowing victims who want to live in their current homes to do so," distinguishing it from the opposition party’s public purchase plan.

Park Dae-chul, Chairman of the Policy Committee of the People Power Party, is speaking at the 'Stop Deceptive Tactics!' Online Dark Pattern Eradication Measures Party-Government Council held at the National Assembly on the 21st. Photo by Hyunmin Kim kimhyun81@

Earlier, the government announced that it would consider purchasing homes affected by jeonse fraud through LH and utilizing them as rental housing. On the same day, Won Hee-ryong, Minister of Land, Infrastructure and Transport, held an emergency meeting at the LH Seoul Regional Headquarters and stated, "Since the jeonse damage is urgent and desperate, we will expand the application of the LH purchase rental system, which already has the budget and project system in place, and designate properties affected by jeonse fraud as the highest priority for purchase."

Regarding this, Policy Committee Chairman Park said on his Facebook, "It seems there is a misunderstanding that this is similar to the public purchase plan advocated by the opposition party," and explained, "What Minister Won mentioned is the concept of allowing victims who want to live in affordable rental housing so that they are not forced onto the streets."

He added, "For example, it is clearly different from the opposition party’s concept of public purchase followed by compensation." The government’s policy utilizes LH’s purchase rental method and differs from the special law proposed by the Democratic Party of Korea and the Justice Party, which includes measures such as public purchase followed by paying the rental deposit on behalf of tenants.

Furthermore, Policy Committee Chairman Park stated, "The government and ruling party judge that the current jeonse fraud situation is not ordinary and are exploring various solutions. All measures must be devised from the victims’ perspective and should be practical ways to help the victims," and added, "We will make every effort to ensure that victims receive maximum support."

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