Lee Eogwon: "We Will Further Strengthen Real Estate Supply Measures to Promote Market Stability" [2025 National Audit]

Political Affairs Committee of the National Assembly
Conducts Audit of the Financial Services Commission

Lee Eokwon, Chairman of the Financial Services Commission, is taking an oath at the National Assembly's Political Affairs Committee during the National Assembly audit of the Financial Services Commission and others on the 20th. 2025.10.20 Photo by Kim Hyunmin

Lee Eogwon, Chairman of the Financial Services Commission, stated, "We will strive to further strengthen supply measures in the current real estate policy to promote market stability."

Chairman Lee made this comment at the National Assembly audit of the Financial Services Commission held by the Political Affairs Committee on October 20, in response to a question asking whether the ultimate measure in real estate policy is to strengthen the property holding tax.

When asked whether it is possible to control real estate prices solely through regulatory policies, he explained, "The measures have been introduced in response to the current market situation." He added, "The June 27 measures initially focused on loan regulations, the September 7 measures were supply-oriented, and the October 15 measures are mainly about restricting transactions, with the designation of land transaction permit zones being the most significant."

In response to criticism that the real estate policy is more like a 'barrier' than a policy, Chairman Lee said, "Because there are currently signs of overheating in the real estate market, blocking this swiftly is ultimately what guarantees housing opportunities for ordinary people."

He further added, "We need to stabilize demand quickly, establish a stabilization fund for the real estate market, and, of course, supplement supply measures as well."

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