Cheong Wa Dae on the 13th said it is "carefully reviewing whether there were any shortcomings in state affairs," after some polls showed President Lee Jae-myung's approval rating hit an all-time low. A Cheong Wa Dae official met with reporters at the Chunchugwan press center that day and said, "We are of course closely watching the approval ratings."

President ##Lee Jae-myung## speaks at a senior secretaries meeting at the Blue House on the 13th. /Courtesy of Yonhap News

According to the National Barometer Survey (NBS) released that day by Embrain Public, Kstat Research, Korea Research International, and Hankook Research, which surveyed 1,001 men and women age 18 and older from the 10th to the 12th, the positive evaluation of the president's management of state affairs was tallied at 49%, down 4 percentage points from the previous survey. By NBS standards, it is the lowest since taking office.

Cheong Wa Dae also said of the real estate supply and financial measures the government released that day, "We are well aware that anxiety and concern among the public are high regarding housing stability and the real estate situation," adding, "The measures were announced today and are being discussed, so we will answer with results." It added, "Fundamentally, improving people's lives and delivering results in livelihoods and the economy will likely be what the public evaluates us on at the core. We will focus on livelihoods and the economy."

The government that day released measures to additionally supply a total of '230,000+α' dwellings, including 100,000 new housing sites in the greater Seoul area. Previously released sites such as Gwacheon Racecourse and Taereung CC will also begin phased groundbreakings starting in 2029, and the period from release to groundbreaking for public housing sites will be shortened from the current 68 months to 37 months. Seoul's Yeomchang Park in Gangseo District and station areas in Namyangju and Gwangju, Gyeonggi Province, will be designated as new public housing districts to supply 27,000 dwellings, and the plan also includes lifting the greenbelt (development-restricted zone) near the urban station on the Gyeongui-Jungang Line in Namyangju to build a "mini new town" of at least 20,000 dwellings.

It also released financial measures. The centerpiece is the launch of the Youth Future Bogeumjari Loan, which recognizes a loan-to-value (LTV) ratio of up to 80% when an adult age 39 or younger purchases a non-apartment priced at 400 million won or less and 85 square meters or smaller as a first-time home. It will be launched for two years on a temporary basis, with an annual scale of 3 trillion won. The income requirement is 70 million won or less (for newlyweds, based on one spouse).

The poll cited in the article was conducted using telephone interviews with 100% mobile virtual numbers. The margin of error is ±3.1 percentage points at a 95% confidence level, and the response rate is 20.4%. For details, refer to the website of the National Election Survey Deliberation Commission.

※ This article has been translated by AI. Share your feedback here.