Han Byeong-do, floor leader of the Democratic Party of Korea, on the 10th called the People Power Party "the main culprit that caused a (real estate) supply cliff," urging, "Instead of shouting only in words for dwellings supply, cooperate in handling the bills."

Han Byeong-do, floor leader of the Democratic Party of Korea, delivers opening remarks at a party strategy meeting at the National Assembly on the 10th. /Courtesy of News1

At a floor countermeasures meeting on the 10th, Floor Leader Han unleashed strong criticism, saying the People Power Party is to blame for the shortage in real estate supply.

He said, "While the government is working to prepare supply measures, the People Power Party is pouring out verbal bombs and turning real estate policy into political strife," adding, "The Yoon Suk-yeol administration, Mayor Oh Se-hoon, and the People Power Party, which was then the ruling party, are the main culprits behind today's supply cliff."

He went on to say, "It is confirmed by the numbers that during three years under the Yoon Suk-yeol regime, permitting, groundbreakings, and completions for dwellings all collapsed," criticizing, "The People Power Party, which spent three years as the ruling party and is now the opposition, is engaging in 'blame-shifting.'"

He added, "Because of opposition from the People Power Party, follow-up bills to the dwellings supply measures the government released in September last year are still pending before the National Assembly's plenary session," noting, "Representative examples include the Urban Maintenance Act, which shortens redevelopment procedure timelines by up to three years, and the Special Act on Public Dwellings, aimed at expediting public dwellings project procedures."

He stressed, "Aren't they trying to exploit instability in the real estate market politically while blocking bills directly tied to people's livelihoods and housing stability?" adding, "Instead of shouting only in words for dwellings supply, return to the National Assembly and cooperate in handling the related bills."

The Democratic Party of Korea plans to open a plenary session on the afternoon of the 13th and push through livelihood-related bills.

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