Seoul Mayor Oh Se-hoon said the Lee Jae-myung administration's excessive real estate loan regulations are the biggest obstacle to Seoul's redevelopment and reconstruction projects, arguing that Democratic Party of Korea Seoul mayoral candidate Chong Won-o should ask the government to withdraw the rules.
On the 11th, Oh said in a Facebook post, "Before fronting the slogan that you will push Gangnam reconstruction faster than Oh Se-hoon, there is something Chong Won-o must do first."
Oh noted, "The biggest stumbling block now blocking Seoul's maintenance projects is the Lee Jae-myung administration's excessive regulations being applied without asking or examining," adding, "If you are sincere about redevelopment and reconstruction, go immediately to the president who boosted you and demand the withdrawal of indiscriminate real estate loan regulations first."
He added, "Because loan regulations are being applied uniformly to all situations, residents' relocation loans in maintenance project areas are blocked. Redevelopment and reconstruction can only break ground when residents relocate, but construction is not starting."
Oh also criticized, "By designating all of Seoul as a speculative overheating district, the Lee Jae-myung administration has completely blocked the transfer of union member status in maintenance project areas, causing conflicts and slowing projects."
He went on, "This is precisely the big stumbling block facing Seoul's redevelopment and reconstruction, which had been running well under the fast-track integrated planning after ending the 10-year supply ice age under Mayor Park Won-soon," adding, "If you want to prove that 'My Pick' candidate Chong Won-o is not lying, start by changing the president's immovable stance."
A day earlier, candidate Chong criticized Oh's administration at a press conference and, as one of his pledges for Seoul's change, mentioned "redevelopment and reconstruction that ensure both speed and safety."
Chong also said on Facebook, "Blaming others cannot cover up 10 years of incompetence," countering that "Mayor Oh is the one responsible for housing stability and supply in Seoul."
He said, "Even so, whenever the issues of Seoul real estate and maintenance projects come up, Mayor Oh blames others first," adding, "When it came to the Yoon Suk-yeol administration that caused the supply cliff, Mayor Oh could not even bring himself to speak."
Chong said, "It is not an appropriate attitude for the Seoul mayor to suddenly shift responsibility onto a government that says it will correct the real estate market," adding, "The fact that the Seoul city government itself rolled out relocation loan support and fast-track groundbreaking measures for relocation loan regulations shows that the responsibility for delays in maintenance projects also lies in City Hall's administrative bottlenecks and coordination failures."