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Land minister nominee vows faster housing supply amid rising home prices

Summary by The Korea Times
Hong Jee-sun, nominee for land, infrastructure and transport minister, said Wednesday he will mobilize all available resources to accelerate the housing supply and stabilize the market. Hong made the remarks during a parliamentary confirmation hearing amid growing public concerns over rising home prices in the Seoul metropolitan area. "I will mobilize both public and private sector resources to accelerate the housing supply until the market sees…

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Hong Ji-sun, the nominee for Minister of Land, Infrastructure and Transport, stated on the 16th, “I will mobilize the full capabilities of both the public and private sectors to swiftly push forward with housing supply in places where the public desires it, until the market feels sufficient.” Speaking during her opening remarks at the National Assembly’s Land, Infrastructure and Transport Committee confirmation hearing, Nominee Hong said, “I wil…

(Seoul = Yonhap News) Reporter No Seon-ung = The National Assembly will hold confirmation hearings on the 16th for the nominees for Minister of Land, Infrastructure and Transport and Minister of National Defense, who are subject to the cabinet reshuffle for the second term of the Lee Jae-myung administration.

·Seoul, Korea (the Republic of)
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Hong Ji-sun, nominee for Minister of Land, Infrastructure and Transport, stated that she would pursue substantive balanced development that attracts businesses and talent to regional areas and realize housing stability that the public can tangibly experience. In her opening remarks at the confirmation hearing held at the National Assembly on the 16th, Nominee Hong remarked, "Balanced development is a matter of national survival." She stated tha…

Hong Ji-sun, nominee for Minister of Land, Infrastructure and Transport, stated, "I will swiftly push for housing supply in places where the public wants it until they feel there is sufficient market."

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Tuesday, September 15, 2026.
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