Jeong Jeong-sik, “The 4th day of the comprehensive real estate tax revolt show… the world demanded ‘1.4 billion’ and it was brought down.”
Quick Look
People Power Party floor leader Jeong Jeong-sik criticized the evolving differences between the Democratic Party and the Blue House on real estate taxation, calling it a "4-day world show," and urged measures to be taken to resolve the rent crisis.
AI-generated summary
Why It Matters
People Power Party floor leader Jeong Jeong-sik criticized the Democratic Party of Korea and the Blue House for evolving that there was no difference of opinion between the party and the Blue House over the real estate tax reform plan. At a high-ranking party meeting on the 8th, the Democratic Party requested the government to unify the comprehensive real estate tax deduction for single homeowners at the publicly announced price of 1.4 billion won regardless of non-resident status, but withdrew its position four days later.
與. We need to ask the government to change its real estate policy stance... Pay rent first.
(Seoul = Yonhap News) Reporter Kim Yeon-jeong Jo Daun = People Power Party floor leader Jeong Jeong-sik said on the 13th that the Democratic Party of Korea and the Blue House have evolved to say that there is no difference of opinion between the party and the Blue House over the real estate tax reform plan, saying, "The Democratic Party's comprehensive real estate tax revolt show has ended on the 4th."
At a floor plan meeting held at the National Assembly, floor leader Jeong said, "Democratic Party leader Kim Min-seok said yesterday, 'It would be better to consistently uphold the basics of the real estate policy being promoted by the party and government.' On the 8th, high-ranking party and government officials made this comment four days after asking the government to unify the comprehensive real estate tax deduction for single homeowners at the publicly announced price of 1.4 billion won without distinction as a non-resident," he said.
He also said, "At the Blue House dinner, President Lee Jae-myung is known to have emphasized that 'the party and government must move with one mind and one will,' but in reality, it was a coercive repression from the president who told the party not to say anything about the comprehensive real estate tax." He also sarcastically said, "The situation of the party leader, a 'scarecrow's pick (President Lee's choice)' who cannot even say a word in the face of a president who is suppressing the comprehensive real estate tax by force, is pitiful."
He pointed out, “What the ruling party should have demanded from the government is a complete change in the real estate policy,” and added, “The fact that they blindly opposed only a part of the tax reform plan, such as comprehensive real estate tax deductions, without taking a fundamental approach to excessive regulations such as strengthening actual residence obligations, was nothing more than a political show for the general election with no sincerity from the beginning.”
At the same time, he urged the Lee Jae-myung government to "come up with measures to overcome the reality of the monthly rent crisis," saying, "Whether there is a conflict between parties or not, the people are not interested. The urgent problem for the people right now is the monthly rent crisis in the metropolitan area."
What to Watch
AI outlook — possibilities, not facts
The government will soon announce measures to resolve the monthly rent crisis in the metropolitan area.
Likely · Within weeks
Open Questions
- What is the specific reason why the Democratic Party withdrew its stance on comprehensive real estate tax?
- What measures will the government take to resolve the jeonse and monthly rent crisis?
- What did President Lee Jae-myung actually say at the Blue House dinner?







