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Minister of Land, Infrastructure and Transport: "Preparing Countermeasures for Various Changes Including Housing Price Crashes and Surges"

(Seoul = Yonhap News) Reporters Oh Ye-jin and Oh Jin-song = On the 23rd, regarding housing prices, Minister of Land, Infrastructure and Transport Hong Ji-sun stated, "Responding to various changes, such as crashes or surges..."

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Minister of Land, Infrastructure and Transport Hong Ji-sun cited a shortage of housing supply as the main cause of the recent decrease in rental properties and the supply-demand imbalance. 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 23rd, Minister Hong responded to a question from Democratic Party lawmaker Je…

(Seoul = Yonhap News) Reporters Oh Ye-jin and Oh Jin-song = On the 23rd, regarding housing prices, Minister of Land, Infrastructure and Transport Hong Ji-sun stated, "Responding to various changes, such as crashes or surges..."

·Seoul, Korea (the Republic of)
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Minister of Land, Infrastructure and Transport Hong Ji-sun cited a shortage of housing supply as the primary cause of the recent decline in rental listings and the supply-demand imbalance. During the parliamentary audit of the Land, Infrastructure and Transport Committee held on the 23rd, in response to Democratic Party lawmaker Jeong Il-young pointing out that the rental crisis is intensifying due to stricter regulations on private rental busin…

During the comprehensive audit of the National Assembly's Land, Infrastructure and Transport Committee on the 23rd, the Ministry of Land, Infrastructure and Transport was criticized for relinquishing the initiative on real estate policy to financial and tax authorities and acting as a mere errand boy.

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조선일보 broke the news on Friday, October 23, 2026.
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