Oh Se-hoon Welcomes Lee's Real Estate Debate, Stresses Need to Address 'Supply and Rent Stability'

Proposing Agenda Items to the Government via Social Media
"Practical Solutions for Supply Needed"

Seoul Mayor Oh Se-hoon delivered a welcoming message regarding the large-scale public real estate policy debate, which is scheduled to be presided over by President Lee Jae-myung on July 23. On July 12, Mayor Oh stated that the debate must serve as a venue that properly addresses the difficulties faced by the public.

Seoul Mayor Oh Se-hoon is delivering a congratulatory speech at the 'Seoul, a City Good for Raising Children' policy forum held at the Korea Press Center on the 8th. Seoul City

On this day, Mayor Oh posted on Facebook under the title, "The Core Agenda for the National Real Estate Policy Debate Must Be Supply and Rent Stability," expressing his views. He said, "I welcome the decision to hold a public debate with the intention of directly listening to the voices of the people regarding real estate issues," and added, "It is fortunate that an opportunity for discussion has been created, even at this stage."

However, he pointed out, "Looking at the discussion topics President Lee presented as examples on social media, there are concerns that the debate may once again become focused on the question of 'who should bear more taxes.'"

Mayor Oh emphasized, "The debate must give the greatest weight to the real-life difficulties people are experiencing firsthand," and said, "The very first question raised at the debate should be, 'How can we alleviate the suffering of the people?'" He went on to argue that three topics—▲ effective measures for rapid supply, ▲ ways to revitalize redevelopment projects, and ▲ plans to normalize the rental market—must be discussed at the debate.

"What is most challenging for citizens right now is the reality of both home prices and rents soaring," Mayor Oh stated. "If the debate is truly a venue to listen to the public, these most urgent issues must be addressed head-on." He added, "I sincerely hope that this debate will fully reflect the pressing voices of the people and serve as a starting point for creating practical solutions that the public can truly feel in their daily lives."

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