President Yoon Seok-youl has expressed concerns regarding the 'purchase rental business system' that permits private entities to acquire existing homes for the purpose of registering and operating them as rental properties. He indicated through a post on social media that it's unusual for individuals to accumulate numerous properties simply by registering as a rental business without actually constructing rental housing. He questioned whether allowing a single person to acquire hundreds of homes would effectively address housing shortages, prompting him to seek public opinion on whether to permit such rental methods.

In light of recent pressures aimed at multi-homeowners, including the suspension of extensive capital gains tax impositions, President Yoon noted an increase in available real estate listings in Seoul, suggesting that his administration's measures might be motivating additional property sales. He shared an article highlighting that the number of apartments listed in Seoul increased by 1.8% in just a few days. This indicates a growing difficulty in the housing market that the government is trying to navigate, as it aims to stabilize the rental market while also encouraging more listings.

The purchase rental business system was initially introduced to quickly secure rental units and stabilize the lease market. However, criticism has arisen claiming that this system effectively absorbs existing homes from the market instead of increasing the supply of new housing. President Yoon's recent statements seem to reflect a recognition of these criticisms and indicate a willingness to reassess the effectiveness of the current rental policy in light of the challenges facing the housing market.