Jang Dong-hyuk, the leader of the People Power Party, emphasized on August 13 that "the change of government should not result in innocent citizens suffering."
The party's Real Estate Policy Normalization Special Committee visited the construction site of the Changneung New Town in Goyang City to hear from local stakeholders and held a meeting with applicants for the 'New Home' pre-application program. The public housing initiative has faced controversy as promised loan support, including preferential interest rates, has vanished ahead of the main application process.
During the meeting, Jang criticized the administration of Lee Jae-myung for unilaterally changing mortgage conditions as loan regulations were tightened, stating, "In effect, the government has engaged in a fraudulent housing sale to the public." He added, "If citizens trusted the government's promises and applied, the government must be accountable for that trust."
Members of the People Power Party's Real Estate Special Committee engaged with on-site staff and pre-application winners to seek solutions. Participants shared experiences of difficulties in securing funding after the promised dedicated mortgage was eliminated. They noted that while they were informed about the Didirim loan as an alternative, not everyone qualifies for it.
Jung Dong-man, a member of the National Assembly's Land, Infrastructure and Transport Committee from the People Power Party, remarked, "To deny what is clearly stated in the announcement and to remain silent is beyond irresponsibility; it mocks the citizens." He assured that the committee recognizes the seriousness of the real estate policy issues and pledged to support those affected.
Jang urged, "The dreams of young people, low-income families, and newlyweds for home ownership are collapsing, yet neither the Minister of Land nor the President seems to grasp this reality. I ask the Land Committee to follow through on this issue until the end."
The party's Real Estate Policy Normalization Special Committee visited the construction site of the Changneung New Town in Goyang City to hear from local stakeholders and held a meeting with applicants for the 'New Home' pre-application program. The public housing initiative has faced controversy as promised loan support, including preferential interest rates, has vanished ahead of the main application process.
During the meeting, Jang criticized the administration of Lee Jae-myung for unilaterally changing mortgage conditions as loan regulations were tightened, stating, "In effect, the government has engaged in a fraudulent housing sale to the public." He added, "If citizens trusted the government's promises and applied, the government must be accountable for that trust."
Members of the People Power Party's Real Estate Special Committee engaged with on-site staff and pre-application winners to seek solutions. Participants shared experiences of difficulties in securing funding after the promised dedicated mortgage was eliminated. They noted that while they were informed about the Didirim loan as an alternative, not everyone qualifies for it.
Jung Dong-man, a member of the National Assembly's Land, Infrastructure and Transport Committee from the People Power Party, remarked, "To deny what is clearly stated in the announcement and to remain silent is beyond irresponsibility; it mocks the citizens." He assured that the committee recognizes the seriousness of the real estate policy issues and pledged to support those affected.
Jang urged, "The dreams of young people, low-income families, and newlyweds for home ownership are collapsing, yet neither the Minister of Land nor the President seems to grasp this reality. I ask the Land Committee to follow through on this issue until the end."
* This article has been translated by AI.
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