LH leads land speculation, incompetent government… The young people who were tired of’spirituality’ were angry

Input 2021.03.09 15:01 | Revision 2021.03.09 15:13

Question about the fairness of government real estate policy… Deprivation
Citizens “LH state government audit, the new city must be completely withdrawn”

“I am suffering from homeless feelings as I can’t get a newlywed home and go to the brink of breakup, but when I see that I make money easily by using internal information, tantrums rise.”

Kim Ji-hoon, a 34-year-old office worker, said in a phone call with Chosun Biz on the 9th. He said, “It was silly to live saving hard in an unfair world,” after encountering the suspicion of land speculation in the Gwangmyeong and Siheung new cities of Gyeonggi-do by employees of the Korea Land and Housing Corporation (LH).

As the allegations of LH speculation are growing, voices of dissatisfaction are erupting from young people. From newlyweds who managed to set up a private house with a debt, to newcomers in society who live on a monthly rent in a studio near their workplace, and those who are preparing for employment, they are raising questions about the fairness of real estate policies with one voice.

There is also a considerable sense of deprivation for office workers who cannot buy a house unless they receive credit loans and borrow money from their parents to “learn” (grab their souls to raise investment funds). Mr. Aunt (29), a five-year-old office worker, said, “Some of my colleagues complained that they should have joined LH in the first place.” .

Kim Mo (28), a job seeker, said, “I studied stocks by collecting money from a part-time job, but immersing myself in preparing for a job at LH seems to be a way to get rich much faster. “If you fail to redeem your property because of this, it was said that the competition rate for joining LH will be thousands of units in the future,” he said.

Anmo (29), who works in Seoul from Gyeongnam and lives in a studio near his workplace, said, “I feel like living in an LH youth house and trying to save housing expenses because the money spent on monthly rent is burdensome. I also thought of losing money,” he sighed.

In the office worker community blind, a voting post was posted asking, “Which is better between the LH staff and the owner of the third floor shopping mall in Gangnam?”, and there were far more people who chose LH staff than the building owners. In the article, a comment such as, “There will be new cities in the future, LH is a big win.”

On the Cheongwadae public petition bulletin board, criticisms from LH employees’ land speculation and the government, which have not been able to properly grasp it, continue to be posted. Citizens requested an audit of the state administration of LH executives and employees, and requested a complete withdrawal of the new city.

More than 45,000 people agreed on the post titled’Please withdraw the 3rd new town’ posted on the Blue House petition bulletin board. More than 20,000 people agreed to the petition titled’LH executives and staff members strongly request the state administration for allegations of speculation in the new city of Gwangmyeong Siheung.’ Petitions for the dismissal of the Minister of Land, Infrastructure and Transport Byun Chang-heum for the LH case were also lined up.

Experts stressed that the crisis should thoroughly investigate insiders to restore credibility. Dae-Jung Kwon, a professor at the Department of Real Estate at Myongji University, said, “Youth are angry at the behavior of speculating through insider information and getting richer through information.” In addition to disclosure, a method of reporting whenever there is a change in property should be introduced by employees of public institutions.”