President Yoon targets Jang Dong-hyuk: 'Criticism should be directed at politicians, not multiple homeowners'
President Yoon criticized the narrative surrounding multiple homeowners, asserting that the focus should be on politicians who create flawed policies rather than on the homeowners themselves.
On the early morning of the 18th, South Korean President Yoon Suk-yeol expressed his frustration regarding the criticism targeted at multiple homeowners, specifically addressing the comments made by Jang Dong-hyuk, the leader of the opposition People Power Party. This exchange began after Yoon posted a series of eight messages on his social media account, half of which pertained to real estate issues. He contended that if anyone should be blamed for the social ills attributed to multiple homeowners, it should be the politicians who enact detrimental laws rather than the homeowners taking advantage of existing policies.
President Yoon's remarks come in light of ongoing debates over real estate policies that many view as contributing to housing issues in South Korea. Earlier, he had questioned whether the People Power Party believed in protecting multiple homeowners and maintaining their privileges. Jang Dong-hyuk responded to Yoon's social media posts by emphasizing the personal impact these comments have on his family, as his mother is concerned about their household's situation amidst the ongoing discourse. The People Power Party retaliated, accusing President Yoon of painting multiple homeowners as villains and manipulating the narrative against the political opponents.
In a strategic maneuver, Yoon aimed to redirect the conversation from the perceived evils of multiple home ownership to the politicians responsible for perpetuating these problematic laws. He articulated that while the ownership of multiple properties may contribute to housing market strains, it is challenging to legislate against it outright. Instead, Yoon suggested that the focus should be on how legislation and administrative actions can address these issues through regulation, tax reforms, and financial measures. By doing so, he highlighted the complexity of governing in a capitalist system while calling for responsible political action to rectify the current housing crises affecting many South Koreans.