"Housing is a space for living, not ownership"... Kim Du-gwan meets Moon Jae-in, announces first policy pledge

"Life-Cycle Housing Provision Method"
First Policy Pledge Introduces 'National Suite Home' System

Kim Doo-kwan, Chairman of the Democratic Party of Korea's Gyeongnam Provincial Party Committee, is delivering the opening address at the joint discussion and resolution meeting for the revision of the election law held at the National Assembly Library on the 5th. Photo by Yoon Dong-joo doso7@

Kim Du-kwan, the Democratic Party of Korea's candidate for party leader, has proposed the 'National Sweet Home' system as his first policy pledge.

On the 11th, Kim posted on Facebook, "We will make the most of state-owned land with good education and living infrastructure to build public rental housing, allowing anyone to live there for at least 10 years." This is the first policy pledge Kim has made since announcing his candidacy for party leader.

Kim explained the policy as "a life-cycle housing system where residents can move to larger homes if they have children during their stay, and move to smaller homes if the family size decreases." He added, "We will transform the Korea Land and Housing Corporation into a public enterprise leading the National Sweet Home initiative and dramatically increase supply."

Kim also said that expanding the land lease-type sale apartments promoted by the Seoul Housing and Communities Corporation on a national scale is a good approach. He explained, "Through such policies, the political sphere and government must act quickly to establish the public perception that 'housing is a space for living, not for ownership or wealth accumulation.'"

Photo by Kim Du-gwan Camp

Meanwhile, on the same day, Kim visited Pyeongsan Village in Yangsan, Gyeongnam, to pay a courtesy call on former President Moon Jae-in. Kim explained his candidacy background to former President Moon, saying, "I stepped up without calculation because it is a great task to save the Democratic Party." Former President Moon reportedly praised him, saying, "It is not an easy decision, but you have made a courageous choice. The Democratic Party needs competition to maintain dynamism and give hope to the people. In that sense, your candidacy will be helpful to the party." He also urged, "I hope you achieve meaningful results through a fair competition with candidate Lee Jae-myung."

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