Seoul Housing Prices Have Risen for 90 Consecutive weeks... Lee: “A Difficult Road Toward Normalizing the Asset Market”

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With Seoul apartment prices rising for 90 consecutive weeks, President Lee Jae-myung delivered a message urging patience while maintaining a policy stance aimed at stabilizing the real estate market. Expectations have been raised that loan regulations and tax policies in the Gangnam area will drive down housing prices.

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On the 31st, President Lee Jae-myung emphasized patience regarding the normalization of the asset market, stating, "We are currently enduring." On that day, President Lee wrote on his X (formerly Twitter), "We are currently enduring on the difficult path toward the normalization of the asset market." Below the post, a shared post was included that predicted Seoul housing prices could fall, starting with the wavering of prices in Gangnam. He co…

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[Digital Daily Reporter Kim Nam-gyu] President Lee Jae-myung has reaffirmed his commitment to the "normalization of the asset market." On the 31st, President Lee wrote on the social networking service X, "I am currently enduring the difficult path toward the normalization of the asset market. Once this time of patience passes, you will eventually know. The government of popular sovereignty will do it!" He also linked a related article titled […