President Yoon's approval rating has risen to 56.5%, marking three weeks of consecutive increases, attributed to his strong stance against real estate speculation.
President Yoon Seok-yeol's approval rating has reached 56.5%, reflecting a 0.7% increase from the previous week, according to a survey conducted by Realmeter from September 9 to 13. This rise in approval comes as the public responds positively to his government's strong commitment to address issues related to multiple home ownership and real estate speculation. The results of the survey are based on responses from 2,524 adults nationwide, indicating a broader public approval for his administration's efforts to combat speculation in the housing market.
The survey also highlighted a rise in positive evaluations following the government's announcement to strengthen real estate regulations. On October 10, the approval rating peaked at 59.2%, driven by favorable economic indicators such as the KOSPI surpassing 5,500. Additional results indicated that the support for major political parties showed the Democratic Party at 44.8%, which is a decrease from the previous week, while the ruling People Power Party saw a slight increase to 36.1%. These shifts signal potential challenges for the Democratic Party amidst internal conflicts and leadership issues.
Realmeter's analysis suggests that the Democratic Party's recent decline in support is linked to failed merger discussions with the Justice Party and increasing factional conflicts within its ranks. Conversely, the People Power Party is gaining favor as it criticizes government policies while also managing internal conflicts, particularly in the wake of disciplinary actions against party members. These dynamics underscore the evolving political landscape as citizens respond to government actions on key economic issues such as housing and speculation.
