Oh Se-hoon "Government and ruling party must admit the failure of real estate policy and correct direction."

Introducing the 20-year white paper on Seoul’s housing policy… “The opportunity to supply 430,000 units disappeared during the Park Won-soon era.”

“The wrong decision from 15 years ago is back with numerous ‘housing removals’... the people will pay the price.”

(Seoul = Yonhap News) Reporter Kim Dong-gyu = Seoul Mayor Oh Se-hoon mentioned the Seoul Metropolitan Government's recently published housing policy white paper on the 18th and urged, "The government and the ruling party must now admit their failure and correct the direction of their policies."

On this day, Mayor Oh posted a post on Facebook titled 'Seoul City's Reflection Statement, I recommend reading it' and said, "It has been exactly one year since the Lee Jae-myung administration announced the October 15 Real Estate Measures, and the report card is so miserable that it is painful to open."

He criticized, “The government seems to have neither the courage to reflect on the past nor the will to face reality,” and “Rather, the President and the Democratic Party are busy evading responsibility by blaming the incumbent mayor for the current housing supply cliff.”

He then introduced the white paper 'Evaluation and Reflection on 20 Years of Seoul's Housing Supply Policy' released by the Seoul Metropolitan Government on the 16th and evaluated it as "a reflective confession in which Seoul City officials themselves looked back on the past and exposed the scars left by wrong policies."

Based on the contents of the white paper, Mayor Oh intensively criticized the maintenance project policy during the tenure of former Mayor Park Won-soon.

He claimed, "During the time of Mayor Park Won-soon, 389 maintenance zones were lifted, and the opportunity to supply 430,000 housing units disappeared. At that time, the construction industry was recovering from the aftermath of the financial crisis, and the golden age of supply was just around the corner."

In particular, he pointed out, “Not only the places where a promotion committee has already been formed and approval for establishment of a union has been obtained, but also the places where project implementation approval has been completed have all been canceled. Even though the project has made considerable progress, the number of areas where the cancellation has been canceled is as many as 159, or 41% of the total.”

He also criticized the lifting process, saying, "There were cases of hastily promoting it by using the names of the dead in the name of surveying residents' opinions, cases of lifting by arbitrarily interpreting ordinances, and even cases of lifting ex officio despite opposition from residents and autonomous districts."

At the same time, he claimed, “At the basis of this, there was a hostile view that ‘redevelopment and reconstruction is speculation,’” and that “the wrong decision from 15 years ago has returned with the ‘elimination of numerous houses’ that should have been supplied by now.”

Mayor Oh introduced that the white paper was distributed to the offices of lawmakers belonging to the Land, Infrastructure and Transport Committee of the National Assembly last week and encouraged lawmakers from the ruling and opposition parties to read it.

In particular, he emphasized to the Democratic Party members, "Just as the city of Seoul confesses and reflects on its past mistakes, the government and the ruling party must now admit their failures and correct the direction of their policies."

He went on to say, “Policies without reflection repeat failure, and the cost always falls on the people.”