President Yoon Suk Yeol held a six-hour meeting to review real estate policies, focusing on expanding housing supply and accelerating delivery timelines. He urged relevant ministries to "break away from existing methods and implement bold measures swiftly."
Kang Yu-jeong, the chief spokesperson for the Blue House, stated in a written briefing on August 7 that President Yoon chaired the "second meeting on real estate policy review" from 2 p.m. to 8 p.m.
In a previous first meeting, President Yoon directed officials to devise plans to maximize housing supply and expedite actual delivery.
During the meeting, ministers and committee chairs reported on financial support measures aimed at promoting housing supply and incentives for early real estate delivery. The discussions covered various strategies for expanding supply and swiftly implementing these measures.
However, the Blue House did not disclose specific details regarding the scale of supply, target areas, or the timing of policy announcements.
At the conclusion of the meeting, President Yoon urged Prime Minister Han Seung-soo and relevant ministers to "not cling to existing mindsets but to think boldly and act decisively."
* This article has been translated by AI.
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