Lee on Controversy over Falling Housing Prices: “I Was Referring to Gangnam, Seocho, and Songpa... I Never Said All of Seoul”
4 Articles
4 Articles
On the 4th, President Lee Jae-myung called media reports claiming that "only Gangnam was hit"—referring to his remarks at a Cabinet meeting stating that "actual transaction prices in major areas of Seoul are falling"—"fake news." On that day, President Lee posted on X (formerly Twitter), "President's remarks 'Housing prices are plummeting,' Gangnam
President Lee Jae-myung refuted the media's reporting of a collapse in housing prices as fake news, stating that his remarks on falling housing prices referred only to the three Gangnam districts and not to the entire city of Seoul.
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President Lee Jae-myung criticized media reports describing his remarks on real estate as "housing prices are plummeting," calling them "fake news." His point is that he merely mentioned that actual transaction prices in major areas of Seoul are falling, and never said that housing prices across the entire city of Seoul are crashing. On the 4th, President Lee shared a news article on his Facebook page titled "President's Remarks on 'Housing Pric…
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