The Democratic Party of Korea said on Oct. 20 it will form the "real estate measures support TF." The party decided to respond actively after judging that public sentiment in the Seoul metropolitan area has turned negative following the Oct. 15 real estate policy announcement.
Park Soo-hyun, the party's chief spokesperson, said after the supreme council meeting at the National Assembly that "unselective political offensives by the People Power Party, which engages in 'lies every time they open their mouths' about the Oct. 15 real estate policy, are spreading anxiety and fear," and announced the decision to form the real estate measures support TF in response.
Chief spokesperson Park said this is "a step to strengthen efforts to gather public opinion, including on-site roundtables," adding, "Supplementary legislation on government policy is also planned, and together with the government, we plan to discuss specific supply plans as a follow-up to Oct. 15."
The TF also plans to designate a separate Spokesperson. It is aimed at proactive communication. Chief spokesperson Park said, "Jung Chung-rae directed policy chief Han Jeoung-ae to complete the lineup by tomorrow."
However, Chief spokesperson Park said, "Regarding the reports that detailed supply plans would be drawn up by district and neighborhood, the government confirmed it has never made such plans," adding, "It appears the party mentioned it only as an idea."
As for Vice Prime Minister and Minister of Economy and Finance Koo Yun-cheol hinting at the possibility of revising property holding taxes, the party said, "Strengthening holding taxes or cutting transaction taxes has long been the Democratic Party's policy direction, but it is not true that the party has discussed or is discussing the content mentioned by Minister Koo as a focus."