Apartment price in Seoul jumped 52% in last 3 years

2020-06-23

When Moon Jae-in took office, one of biggest promises was to lower the housing cost, but lo, behold, it has doubled during his presidency.

This is a classic example of impotent leadership. Many of his cabinet members, and including numerous leadership from his party have been proven guilty of owning multiple houses using different family members’ names, and by none other than those who had been outspoken about housing price reform.

President Moon had said that he’s confident about his administration reforming the housing price issue back in November of 2019
52% housing price jump compared to the last administration