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Lee Reaffirms Commitment to Curbing Overheated Housing Market

Summary by The Korea Times
President Lee Jae Myung on Wednesday reaffirmed his commitment to reining in the overheating housing market, calling the normalization of the real...

3 Articles

Lean Right

President Lee Jae-myung stated on the 6th, “The normalization of the real estate market is an inevitable trend of the times and a core national task that must be accomplished.” The President made these remarks while sharing an article on his X (formerly Twitter) account stating that about half of real estate experts and real estate agents predicted a decline in housing prices.

[Digital Daily Reporter Lee Ho-yeon] On the 6th, President Lee Jae-myung emphasized his determination to normalize the real estate market, stating, “The myth of real estate invincibility no longer exists.” President Lee made these remarks while sharing an article on social media that reported approximately half of real estate market experts and real estate agents predicted a decline in housing prices. President Lee stated, “Just as illegal fac…

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The Korea Times broke the news in Korea (the Republic of) on Wednesday, May 6, 2026.
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