Narrowing Gap Drives Oh Se-hoon to Step Up Real Estate Offensive Day After Day

Holding the "Real Estate Hell Citizens' Countermeasure Meeting"

Attending Meetings with Redevelopment and Reconstruction Organization Representatives

Oh Se-hoon, the People Power Party's candidate for Seoul mayor, has recently brought real estate issues to the forefront, intensifying his offensive. As the election campaign heats up and the gap in approval ratings with Jeong Won-oh, the Democratic Party of Korea's candidate, narrows, Oh appears to be taking the initiative by focusing on real estate matters such as housing prices and redevelopment.

On May 11, Oh plans to hold a "Real Estate Hell Citizens' Countermeasure Meeting" in Guro-gu, Seoul, to hear public opinion on real estate, followed by attending a joint meeting with representatives of redevelopment and reconstruction organizations. This move is interpreted as an effort to highlight the current administration and the ruling party's failure in real estate policy, given the continued rise in housing prices and instability in the monthly and yearly rental markets in Seoul.

Seoul mayoral candidate from the People Power Party, Oh Sehoon, announced his housing pledge at the Daerim 1 District redevelopment site in Yeongdeungpo-gu, Seoul on the 7th. Oh Sehoon campaign team

Oh's campaign views government policies—such as the controversy over the abolition of the long-term ownership special deduction and the increased capital gains tax for owners of multiple homes—as factors that have heightened uncertainty and caused market turmoil. The strategy is to stress that Jeong is not free from the current administration's policy stance, thereby fueling arguments for checks and balances. The Democratic Party's push for the so-called "special prosecutor for indictment cancellation" is also seen as a potential burden for centrist voters.

Polls indicate that the gap in support between the two candidates is narrowing. According to a survey conducted by Ipsos upon SBS's request from May 1 to 3, interviewing 800 eligible voters in Seoul via wireless phone, Jeong received 41% support while Oh recorded 34%, resulting in a 7 percentage-point difference (for details, refer to the website of the National Election Survey Deliberation Commission). On May 9, right after announcing his "comprehensive support plan tailored for those in their 40s and 50s," Oh told reporters, "(Jeong) seems to be at a stage where the excessive packaging is being alleviated, with the nitrogen packaging removed."

Oh is also consistently calling for a one-on-one debate. The previous day, he said, "I am willing to debate in any process and manner that Jeong prefers, so I hope we can arrange a one-on-one debate as soon as possible." In response, Jeong pointed out that Oh himself had remarked during the party primaries that TV debates are not always the answer.

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