President Moon Jae-in is giving a New Year’s address at the Blue House on the 11th. yunhap news
President Moon Jae-in apologized to the public for the first time since taking office for the real estate policy. President Moon announced his New Year’s address at the Blue House main building on the morning of the 11th, saying, “We are very sorry to the people who are disheartened by the difficulties of housing.” It is the first time since his inauguration that President Moon has apologized for instability in the real estate market, such as soaring apartment prices. President Moon apologized for the failure of the real estate policy and said, “I will not hesitate to prepare necessary measures to stabilize housing.” “We will focus on expanding supply, and quickly come up with various housing supply plans that can be effective quickly.” Said. President Moon’s apology on this day seems to reflect the harsh public sentiment related to real estate. Since his inauguration, President Moon has emphasized the government’s efforts and will for housing stability even after apartment prices and jeonse deposits have risen significantly. At a meeting of the Blue House chief and aides in August last year, “The effects of comprehensive real estate measures are gradually appearing. The rise in house prices has begun to show signs of subsidence.” In his address to the National Assembly in October, President Moon said, “We will settle the 3rd Lease Act early and supply high-quality medium-sized public rental apartments to stabilize the jeonse market.” did. However, even in the new year, few people believe that the real estate market has stabilized in the market such as end users. Still, hundreds of thousands of people are flocking to the apartment subscription market aiming for the lottery. The Blue House also seems to have recognized that it is difficult to stabilize the market only with the government’s willingness, which has been emphasized so far, as investment funds have been concentrated on real estate as the low interest rate for stimulating the economy was maintained after the spread of Corona 19. President Moon apologized on this day and emphasized “specially expanding supply”. It seems to have shown a willingness to come up with practical supply measures. President Moon also emphasized supply measures when replacing Minister of Land, Infrastructure and Transport Kim Hyun-mi with Minister Byeon Chang-heum at the end of last year. Minister Byeon said he would come up with supply measures before the Lunar New Year. By Lee Wan, staff reporter [email protected]