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LH President: “Previous Administration Planted Time Bomb for Soaring Housing Prices… Will Crash in 3 Years”

Summary by Naver
Lee Sung-hoon, President of the Korea Land and Housing Corporation (LH), claimed that the cause of the recent rise in housing prices was that "the previous administration planted a time bomb for a three-year housing price surge." President Lee made these remarks during the comprehensive parliamentary audit of the Ministry of Land, Infrastructure and Transport held at the National Assembly's Land, Infrastructure and Transport Committee on the 23r…

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Lean Right

Lee Han-joon, President of LH, attended the National Audit of the National Assembly and pointed out that the reason for the rise in housing prices was a shortage of supply due to the government's sharp drop in construction volume in the past. He predicted that if the current government's supply measures are in full swing after 3 years, house prices will drop and the market will stabilize, and he also stated his intention to dispose of his housin…

Center

Lee Sung-hoon, President of the Korea Land and Housing Corporation (LH), claimed that the cause of the recent rise in housing prices was that "the previous administration planted a time bomb for a three-year housing price surge." President Lee made these remarks during the comprehensive parliamentary audit of the Ministry of Land, Infrastructure and Transport held at the National Assembly's Land, Infrastructure and Transport Committee on the 23r…

(Sejong=Yonhap News) Reporter Oh Jin-song = Lee Seong-hoon, President of the Korea Land and Housing Corporation (LH), pointed to a shortage of housing supply as the cause of the recent rise in housing prices, stating that the previous government [did] '3 years...

·Seoul, Korea (the Republic of)
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Lee Seong-hoon, President of the Korea Land and Housing Corporation (LH), claimed that the cause of the recent rise in housing prices was the housing supply shortage during the Yoon Seok-yeol administration.

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Bias Distribution

  • 67% of the sources lean Right
67% Right

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Friday, October 23, 2026.
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