Cheong Wa Dae: "By the end of August at the latest, we will have zero multi-homeowners" (Comprehensive)

Blue House Confirms Policy on Multi-Homeowners Above Secretary Level... "Kim Jowon, Senior Secretary for Civil Affairs, Has Put His House on the Market"

[Asia Economy Reporters Ryu Jeong-min and Son Seon-hee] The Blue House reaffirmed its policy that multi-homeowners at the level of Secretary or above, including Chief Secretary for Civil Affairs Kim Jowon, will dispose of all houses except one by August at the latest. Although there were reports casting doubt on Chief Secretary Kim's intention to sell his property, the Blue House emphasized that there has been no change from the previous announcement.

A senior Blue House official said on the 6th during a meeting with reporters, "We will have zero multi-homeowners by the end of August at the latest. This goal remains unchanged. We fully expect this to happen."

The senior Blue House official added, "We have notified them to submit sales contracts by the end of August at the latest, and we are waiting until then," and "Chief Secretary Kim Jowon is no exception. We expect him to submit the sales contract by then in some form or another."

Photo by Mun Ho-nam munonam@

In particular, the senior Blue House official explained, "As far as I have heard, (Chief Secretary Kim Jowon has) put the house on the real estate market. He probably did not set the price himself," and "He also believes it will be sold by the end of August at the latest."

The senior Blue House official said, "Regarding Chief Secretary for Personnel Kim Oesook, as I heard previously, she has been continuously lowering the price by 10 million won per week," adding, "That area has fewer than five transactions a year. She keeps lowering the price, but it is not selling."

The senior Blue House official added, "Ideally, the sale would be completed by mid-August, but if it still doesn't sell, I think it will go until the end of August. In Chief Secretary Kim Jowon's case as well, it is understood that he will submit the sales contract by the end of August at the latest in some way."