Lee Junseok and People Power Party Launch Joint Front on Real Estate Policy, Begin Outreach to Centrists

"We Will Keep the Government’s Metropolitan Real Estate Policies in Check"

Former leader of the Reform New Party Lee Junseok and National Assembly members from the People Power Party representing the greater Seoul area are embarking on an experiment in policy collaboration centered around real estate issues. By presenting alternatives that encompass supply, finance, tax, and redevelopment projects, they aim to broaden their outreach to centrist voters in the metropolitan area.

On the 30th, the "Capital Region Housing Innovation Forum Inaugural General Meeting" was held at the National Assembly Members' Office Building. At the event, Representative Cho Jeong-Hun of the People Power Party is seen conversing with Representative Lee Jun-Seok of the Reform New Party. September 30, 2026. Photo by Yoon Dong-Joo

The National Assembly members' research group, 'Metropolitan Residential Innovation Forum', held its founding general assembly at the National Assembly Members' Office Building on the morning of the 30th and began its activities. The co-chairs are former leader Lee (Hwaseong, Gyeonggi Province) and Assemblyman Jo Jeonghun of the People Power Party (Mapo-gap, Seoul). Assemblywoman Park Sumin of the People Power Party (Gangnam-eul, Seoul) will serve as the coordinating research lead.

Forum participants include Assemblyman Lee Jooyoung of the Reform New Party, as well as Assembly members Kwon Youngse, Yoo Euidong, Bae Junyoung, Cho Eunhee, Kim Sohui, Kim Jaeseop, Seo Myeongok, and Choi Sujin from the People Power Party. The majority of these members are based in the greater Seoul area. Several lawmakers close to Seoul Mayor Oh Sehoon, considered a prominent presidential hopeful, have also joined.

This forum was born from the awareness that, in the greater Seoul area—where centrist voters make up a significant portion of the electorate—attacking the government solely on impeachment and judicial issues has its limitations. Former leader Lee stated, "In the metropolitan area, both major parties are challengers, not the establishment," and added, "If the ruling party, which enjoys an overwhelming majority in the region, fails to keep the government's runaway real estate policies in check, it is our responsibility to step up."

There is growing interest in how this cooperation might affect the future relationship between the two parties. People Power Party floor leader Jeong Jeom-sik said in his congratulatory remarks, "Our party will do its utmost to prepare policies for the stable supply of housing and the restoration of the housing ladder." Lee Kiin, emergency committee chair of the Reform New Party, commented, "What is more significant about this forum is that lawmakers from two different parties are coming together to tackle housing issues."

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