Lee Junseok and Jo Jeonghoon Forge Conservative Alliance on Capital Region Real Estate... Also Cooperate with Oh Sehoon (Comprehensive)

"Real Estate Policy Coordination on Redevelopment, Tax, Transportation, and More"

"Conservative Bloc to Propose Housing Alternatives for the Capital Region Within 100 Days"

Lawmakers from the People Power Party representing the capital region, including Lee Junseok of the Reform New Party and Cho Jeonghoon, have begun joint policy discussions to address housing issues in the capital area. Their plan is to broaden policy solidarity within the conservative bloc by using everyday real estate issues as a starting point, given the weak local bases of both parties in the region. They also aim to cooperate with Seoul Mayor Oh Sehoon and other local government heads throughout Seoul and the surrounding metropolitan area.

After the inaugural general meeting of the "Capital Region Housing Innovation Forum" held at the National Assembly on the 30th, Assemblyman Cho and Assemblyman Lee told reporters, "Lawmakers from the People Power Party and the Reform New Party will join forces to find practical solutions for housing."

On the 30th, the "Capital Region Housing Innovation Forum Inaugural General Meeting" was held at the National Assembly members' office building. Attending the event, Representative Cho Jeonghoon of the People Power Party is seen talking with Representative Lee Junseok of the Reform New Party. September 30, 2026. Photo by Dongjoo Yoon

Assemblyman Cho noted, "One of the greatest hardships facing citizens of Seoul and the capital region is real estate and housing problems," adding, "Even as the National Assembly audit begins, we will continue addressing these issues through active operation of the forum, including on-site visits." The forum plans to meet about once every two weeks, aiming to present real estate alternatives from the conservative side of the capital region within the next 100 days.

Assemblyman Lee explained the background of the forum’s launch by saying, "We discovered a common interest while talking with Assemblyman Cho, and that led to the idea of collaborating with other lawmakers to resolve these issues together." He went on to say, "Since conservatives in the capital region are in the position of challengers, we need to move faster and more boldly. We will not stop at armchair discussions; instead, we will go out to the field."

Notably, Assemblyman Yoo Eui-dong, chair of the Land, Infrastructure and Transport Committee of the National Assembly, is participating in the forum as well, with plans to ensure that policy discussions lead to legislative action. Assemblyman Lee stated, "We will operate so that legislation and policy initiatives can be directly reflected in the field."

Both lawmakers also left the door open for possible political cooperation between the two parties. Assemblyman Lee commented, "While political processes such as emergency decrees and impeachment have left deep scars between the two parties, there have not been many major disagreements regarding real estate policy. If the political wounds can be healed, there could be even more opportunities for joint action."

Assemblyman Cho added, "While there may be differences in the details of our policies, acknowledging and adjusting those differences to develop realistic alternatives is the forum's role. I hope this will mark the starting point and the beginning of a comeback for conservatives in the capital region to make their voices heard again."

Collaboration with Mayor Oh Sehoon of Seoul was also announced. Assemblyman Cho shared, "Several local government heads from Seoul and the metropolitan area have expressed their intent to participate. Naturally, we will share our discussions with Mayor Oh as well and plan to talk about how to coordinate with Seoul City’s real estate policies and vision."

Assemblyman Lee drew a line regarding the interpretation that this official policy move with the People Power Party is his first step toward political alignment after stepping down as party leader. He said, "I have been discussing these matters with Assemblyman Cho since before resigning the party leadership. Please view this as a process of pursuing areas of policy interest, rather than making premature political interpretations."

The forum, officially launched with the inaugural general meeting, will be co-chaired by Assemblyman Lee (Hwaseong, Gyeonggi) and Assemblyman Cho (Mapo-gap, Seoul). Park Sumin of the People Power Party (Gangnam-eul, Seoul) will serve as the secretary and chief research officer. Other participating lawmakers include Lee Jooyoung of the Reform New Party, and Kwon Youngse, Yoo Eui-dong, Bae Junyoung, Cho Eunhee, Kim Sohee, Kim Jaeseop, Seo Myeongok, and Choi Sujin of the People Power Party.

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