A seminar addressing key issues in South Korea's economy and real estate market will take place at the National Assembly.
The Korea Economic Critics Association announced on October 7 that it will host a regular seminar titled 'Where is the South Korean Economy and Real Estate Policy Heading?' on October 8 in the second meeting room of the National Assembly's member office building.
This seminar aims to examine the current state of the South Korean economy and the economic outlook for 2027 amid rapidly changing domestic and international economic conditions. It will explore opportunities and risks in the semiconductor industry, housing demand and supply, and real estate taxation, among other key issues.
In particular, the seminar will discuss the impact of housing demand and supply conditions and real estate taxation on the market, focusing on policy directions to ensure housing stability for actual users and market stability.
Kwon Dae-jung, the newly appointed president of the Korea Economic Critics Association, is expected to emphasize the importance of economic criticism based on facts and data in the context of low growth, high interest rates, high oil prices, household debt, demographic changes, industrial restructuring, and instability in the real estate market.
Members of the National Assembly, including Kim Jae-seop and Lee Jong-wook from the People Power Party, will co-host the event and express the need to evaluate whether economic and real estate policies are functioning effectively in the market. National Assembly Vice Chairman Park Deok-heum, People Power Party floor leader Jeong Jeom-sik, policy committee chair Lim Yi-ja, and lawmaker Ahn Cheol-soo are also expected to highlight the necessity of discussing policies for economic growth and housing stability in their remarks.
Shin Se-don, former president of the Korea Economic Critics Association, will stress the fundamental duty of economic critics to accurately understand economic phenomena and convey them to the public without distortion.
Meanwhile, the new president Kwon has announced plans to develop the association into a 'forum of reason' that analyzes economic and real estate issues based on facts, data, market principles, and the lives of the people.
* This article has been translated by AI.
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