“Public redevelopment, station area development, bold development of new residential land, etc.
The Ministry of Land, Infrastructure and Transport will come up with measures before the Seol.”

President Moon Jae-in is speaking at the New Year’s press conference held at the Blue House Chunchu Hall on the 18th. Photo = Yonhap News
President Moon Jae-in said on the 18th, “We will specifically increase the supply of real estate that exceeds the expected level of the market,” and said, “We aim to resolve the lack of supply and the public’s anxiety.
President Moon said at a press conference for the New Year 2021 held at the Blue House on the same day, “The government will maintain the existing anti-speculation policy and prepare special measures for real estate supply.”
President Moon said, “Real estate has not been stabilized.” “It is an increase in the number of households that has not been before, but the reason for that is to be analyzed further in the future, but as the number of households increases, the demand for the predicted supply exceeds the demand, and the shortage of supply has intensified the increase in real estate prices.” I will prepare for it.”
President Moon said, “Because the Ministry of Land, Infrastructure and Transport is making a plan, it is a plan announced before Byun Chang-heum,” said President Moon. “In a rough outline, the public sector’s participation and initiative in the metropolitan area, especially in Seoul, will increase, strengthen incentives, and significantly shorten the procedure. The way to do it,” he explained. He emphasized that “public redevelopment, station area development, and bold development of new residential lands, etc.”
Reporter Sung Sang-hoon [email protected]
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