Na Gyeong-won, ridiculed by’Na Gyeong’, “less than one hundredth of Seoul’s budget”

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 Na Gyeong-won, a former member of the People's Power, who ran for the Seoul Mayor's by-election, is announcing the'Seven Great Pledges of Real Estate Wonderful' at the National Assembly Communication Hall on the 5th.

Former Congressman Na Kyung-won, who ran for the Seoul Mayor’s by-election, is announcing the “Seven Great Real Estate Wonderful Pledges” at the National Assembly Communication Hall on the 5th.
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Na Gyeong-won, a former member of the People’s Power, who ran for the Seoul Mayor’s by-election, responded to criticism of’populism’ both inside and outside the opposition party for his real estate loan and support pledge. He refuted that it was’prepared promise’ after analysis.” At the same time, he disclosed in detail the current state of Seoul’s budget and loan interest calculation method according to his pledge.

On the 6th, he refuted, “Please carefully review the pledge and make a reasonable objection. It is irresponsible to start an offensive without reading it properly.”

The controversial pledge is one of the ‘7 real estate pledges’ announced on the 5th to relieve the burden of housing for young and newlyweds. It is a plan to mediate a loan for the initial purchase of a house and provide full interest support, and former lawmaker Na explained, “If you get married in Seoul and have a child, we will give you a total of 117 million won in subsidies.”

Controversy arose immediately inside and outside the ruling and opposition parties. Power of the People’s Power of the Seoul Mayor by-election Former Rep. Shin-Hwan Oh, who entered the main contest, issued a statement saying “Is it Na Gyeong-won or Na Gyeong-eun?”

He said, “Candidate Kyung-won Na made an absurd pledge,” he said. “The countermeasures against childbirth are good, but we have to make a realistic argument. How do we come up with a budget that would cost 5 trillion won even if we cut taxes and increase expenditures and calculate roughly?” Criticized.

On the same day, Shin Dong-geun, the top member of the Democratic Party, also said, “(I’m a former lawmaker) I’m going to eat jajangmyeon (Gangseongbosu), and then I’m drinking champon soup. But the taste of champon soup is similar to the taste of’Hogane spots’. There are rumors.”

“It’s a pledge for youth and newlyweds moving into public housing…”

On the morning of that day, Congressman Na explained in detail his pledge to support real estate loans for young and newlyweds, saying, “The correlation between low birthrate and nonmarriage and housing shortages, cannot be denied and should not be denied.”

He first said, “I pledged to build 10,000 units of land rental public housing per year and 100,000 units for 10 years. The estimated sales price is about 10 million won per pyeong (3.3㎡).” It is a method of providing initial loan interest for three years to young adults, newlyweds, and households with children under the age of six.”

In addition, for young people, families with children under the age of 39 with an annual income of less than 70 million won, and newlyweds with an annual income of less than 7 years, or with a combined income of 100 million won or less per year, are eligible for support. Explained that it supports loan interest of up to KRW 100 million and KRW 500 million to couples.

It also revealed specific budget requirements. A former lawmaker said, “If you simply calculate the annual interest rate of 3%, you will receive a loan interest of 9 million won per year for young people and 15 million won per year for newlyweds.” “In the first (public housing) 10,000 units, the youth and newlyweds “If you move in by 50%, the loan interest support amount required for the first year is 120 billion won, and in the second year, when 10,000 units are increased, 240 billion won of loan interest is required.”

“In the third year (the loan interest amount) is 360 billion won, but from the fourth year, the loan interest support for 10,000 households in the first year is terminated, and from the fourth year, 360 billion won is fixed annually. “He added.

In particular, he said, “The city’s annual budget is approaching 40 trillion won, and it is also supported as loan interest to young and newlyweds in public housing that builds 10,000 units a year for less than one hundredth of Seoul’s total budget. “If you can’t, let’s give up residential welfare in Seoul at all.”

“I have already promised a variety of childcare and childcare support measures. The question of’is it possible to solve low birthrates only with real estate measures?’ is not related to me at least,” he said. “However, housing instability has a huge impact on nonmarriage and low birthrates. Therefore, the city of Seoul must have a duty and a vocation to solve this problem.”

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