Criticism Mounts Over October 15 Real Estate Measures
"Low-Level Tactics to Cover Up Policy Failures"
Calls for Housing Supply Policies for Youth and Ordinary Citizens

Song Eonseok, floor leader of the People Power Party, stated on October 26, "If the government and the ruling party have time to investigate the housing assets of opposition politicians, I urge them to put more effort into withdrawing the October 15 real estate measures and demand-suppression policies, and instead focus on establishing new housing supply policies for young people and ordinary citizens."


Floor Leader Song made these remarks at a party general meeting held in the National Assembly prior to the plenary session, noting, "Public opinion on the October 15 real estate measures is deteriorating rapidly."


He added, "As the real estate holdings of key figures in the government and ruling party have become public, the Democratic Party of Korea, now cornered, has begun to target the real estate assets of Party Leader Jang Donghyeok and myself. This is a typical example of the Democratic Party's low-level diversion tactics to cover up their policy failures," he criticized.


Yonhap News Agency

Yonhap News Agency

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Floor Leader Song continued, "It seems that the left is once again exhibiting its specialty of using even housing issues-directly tied to the basic needs of the people-as material for inciting division and attacking the opposition. While they themselves enjoy all the privileges, they stigmatize the modest dreams of ordinary people-such as owning a home or moving to a better place-as unattainable desires, and claim that what is allowed for them is not allowed for others. Kicking away the housing ladder in this manner is nothing but hypocrisy and a moral failing," he denounced.


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He further stated, "Our party strongly condemns the Democratic Party for kicking away the housing ladder, and we will continue to strive to restore that ladder for young people and ordinary citizens. I believe we have a duty to ensure that fair opportunities are provided to young people and ordinary citizens, and that everyone has at least the chance to own a home."


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

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