The Democratic Party has launched a task force (TF) to support the real estate supply measures of the Lee Jae-myung administration, set to be announced on the 13th, reaffirming its commitment to mobilizing all resources for comprehensive support. The party also urged the People Power Party to recognize that housing policy should not be a subject of political conflict.
On the afternoon of the 12th, the Democratic Party held the inaugural meeting of the 'Housing Market Stabilization TF' at the National Assembly, in collaboration with the Ministry of Land, Infrastructure and Transport, the Ministry of Economy and Finance, and the Financial Services Commission.
Attendees included Han Byung-do, the party's acting leader and floor leader, along with Cheon Jun-ho, the deputy floor leader, Kim Han-kyu, the senior policy deputy leader, and Han Jeong-ae, the head of the policy committee. Other members present were lawmakers from the National Assembly's committees on Land, Infrastructure and Transport, Economy and Finance, and Administrative Safety.
Han Byung-do stated that the party would exert all possible efforts to achieve housing stability for the public by reviewing policies encompassing supply, taxation, and finance with the government. He emphasized the need for a closer cooperation system between the party and the government to devise effective responses, stating, "It is crucial to act swiftly so that the public can feel the impact, and we will work together to restore the housing ladder."
Han Jeong-ae argued for the necessity of cooperation among the central government, local governments, and Seoul to increase housing supply, asserting that all efforts should be made to expand housing availability. She called for an increase in non-apartment housing that can be supplied in the short term and urged a bold acceleration of supply through modular housing.
They also called on the People Power Party to cease unnecessary political disputes and cooperate with the government on housing supply measures, given the consensus on the need for such measures.
Han Byung-do criticized the People Power Party for blocking the passage of follow-up legislation to support the government's supply measures, despite their claims that supply is the solution to stabilize the housing market. He urged them to stop using the public's livelihood as a bargaining chip and to cooperate in processing the legislation.
Han Jeong-ae noted that it has been over eight months since the government's 9-7 measures, and follow-up legislation has yet to be processed. She reiterated that housing policy should not be a subject of political conflict, urging the People Power Party to cooperate in passing related legislation if they agree on the necessity of housing supply measures.
* This article has been translated by AI.
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