Han Byung-do, the leader of the Democratic Party of Korea, emphasized on October 10 that the party will take rigorous steps to eliminate what he called national disaster-level speculation in the real estate market. He expressed the belief that housing should not merely serve as a speculative tool, but as a fundamental living space for citizens. The Democratic Party plans to introduce a bill to establish a 'Real Estate Supervisory Authority,' which will actively monitor actions disruptive to the real estate market, aiming to protect the ordinary citizen’s right to housing against illegal practices such as market manipulation and rental fraud.

During a party strategy meeting, Han advocated for comprehensive oversight to close the gaps that had previously allowed speculative forces to thrive unchecked. By operationalizing a supervisory body similar to the Financial Supervisory Service for the real estate sector, he pledged to conduct continuous monitoring and decisive actions against illegal speculation, ensuring that the integrity of legitimate transactions is maintained while responding with a zero-tolerance policy to unlawful and unethical practices. Han made it clear that the party would not be deterred by any opposition and that protecting the citizens' housing rights was paramount.

Additionally, Han criticized the main opposition party, People Power Party, for misrepresenting the Democratic Party's real estate policies and for resisting efforts aimed at alleviating the burdens faced by common citizens. The party views the establishment of this supervisory agency as essential to rooting out unfair and illegal activities in the housing market, with provisions in the proposed legislation for direct investigative authority and access to credit information to enhance enforcement capabilities. This initiative represents a significant step in the government's efforts to regulate and stabilize the real estate sector amid rising concerns over speculation and housing affordability in South Korea.