Jo Eungcheon: "Gyeonggi-do Rental Market in Catastrophe"... Plans to Launch Direct Response Headquarters

Reform New Party Gyeonggi Governor Candidate Announces Three Major Real Estate Pledges

Jo Eungcheon, candidate for Governor of Gyeonggi Province from the Reform New Party, stated on the 13th, "The jeonse (long-term lease) market in Gyeonggi Province is currently in a state of 'civil war' that goes beyond a 'crisis.' The Lee Jaemyung administration, tasked with eradicating jeonse fraud, has instead wiped out the jeonse system itself."

On this day, at a certified real estate agency office in Suwon, Gyeonggi Province, Jo announced his three major real estate pledges for the province and made these remarks. He criticized, "In order to root out the heinous crime of jeonse fraud, the government is destroying the entire legitimate rental supply chain. It is like burning down the whole house to catch a single bug."

Jo Eungcheon, candidate for Governor of Gyeonggi Province from the Reform New Party, announced three major real estate pledges on the 13th at a certified real estate agency office in Suwon, Gyeonggi Province. Courtesy of Jo Eungcheon’s campaign.

He continued, "Imposing punitive regulations by dividing single-home owners into residents and non-residents is a direct violation of Article 14 of the Constitution, which guarantees 'freedom of residence and movement.' Is it speculation to temporarily rent out your own home and live in a jeonse elsewhere because of work or your children's education?"

Jo emphasized that, to prevent a repeat of the current jeonse crisis, he would restore the freedom of residence in Gyeonggi Province through the 'Jeonse Safe Gyeonggi' initiative. To this end, he promised to establish a 'Jeonse Crisis Response Headquarters' directly under the governor within 100 days of taking office, and proposed three major reform measures.

The three measures proposed by Jo are: ▲ Complete abolition of differentiated regulations for single-home owners based on residence status ▲ Converting the land transaction permit system to a 'targeted designation' model ▲ Normalizing redevelopment projects for the first-phase new towns.

Jo stressed, "I will not ignore the difficulties faced by residents and I will prove the central government's flawed policies through objective data. I will become a governor who can confidently advocate for residents who are losing their right to move and are being driven into a monthly rent refugee situation by the jeonse crisis."

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