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President Lee: 'If Supply Is Insufficient, I Will Increase It Like Crazy'… All-Out War Against Real Estate Speculation

Summary by 매일신문
President Lee Jae-myung expressed his intention to mobilize all available means, including financial and tax reforms and the expansion of housing supply, to eradicate real estate speculation. On the 30th, President Lee emphasized on X (formerly Twitter), "The government of popular sovereignty will absolutely crush ruinous real estate speculation by any means necessary," adding, "We will mobilize all national capabilities not only for financial …

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On the 30th, President Lee Jae-myung stated, “The early, large-scale supply of housing in the Seoul metropolitan area is a ‘two-pronged’ policy, so it will definitely be implemented.” Amidst real estate policies being cited as the primary cause of the decline in his approval rating, this indicates an intention to accelerate the government’s recently announced plan to supply 234,000 homes in the metropolitan area. On the afternoon of the same day…

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(Seoul = Yonhap News) Reporter Im Hyeong-seop = On the 30th, President Lee Jae-myung stated, "The government of popular sovereignty will absolutely eradicate ruinous real estate speculation by any means necessary," adding, "...

·Seoul, Korea (the Republic of)
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President Lee Jae-myung expressed his intention to mobilize all available means, including financial and tax reforms and the expansion of housing supply, to eradicate real estate speculation. On the 30th, President Lee emphasized on X (formerly Twitter), "The government of popular sovereignty will absolutely crush ruinous real estate speculation by any means necessary," adding, "We will mobilize all national capabilities not only for financial …

On the 30th, President Lee Jae-myung declared, "I will eradicate ruinous real estate speculation by any means necessary," and pledged to concentrate national capabilities on financial and tax reforms and the early mass supply of housing in Seoul and the metropolitan area.

'Real Estate' Message Following 2nd Cabinet Reshuffle Announcement… "Eliminate Real Estate Speculation"

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Sunday, August 30, 2026.
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