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President Lee: "Will Increase Supply as Quickly as possible... This Government Will Do It"

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On the 18th, President Lee Jae-myung stated, “We will increase (real estate) supply as quickly as possible,” adding, “We will release (related) data soon, but the number of building permits is increasing significantly.” During a press conference held at the Blue House State Guest House this morning, President Lee [mentioned] “‘Republic of Real Estate Speculation,’ ‘Republic of Real Estate.’”

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President Lee Jae-myung held a press conference at the Blue House State Guest House on the 18th, stating, “Breaking away from the ‘Republic of Real Estate Speculation’ is our government’s most central task.” He added, “Everyone else tried but failed, but I can say with certainty that our government will do it.” The President said, “We will review all aspects and take the maximum possible measures regarding regulations, supply, and taxation, so t…

"The current government's most central task... This government will do it"

During President Lee Jae-myung's press conference on the 18th, the focus of the questions shifted from major political and diplomatic issues—such as constitutional amendments for consecutive terms, the withdrawal of indictments, the appointment of Justice Minister nominee Kim Seung-won, and the deployment of troops to the Strait of Hormuz—to areas of public livelihood and the economy, including real estate and the stock market. Regarding the ho…

On the 18th, President Lee Jae-myung emphasized that he would "definitely stabilize the real estate market" and focus his efforts on stabilizing housing prices and completing the administrative capital, along with balanced national development.

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  • 67% of the sources lean Right
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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Friday, September 18, 2026.
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