Song Eonseok Says President Lee Is Disrupting Real Estate Market With Impulsive SNS Posts

Supreme Council Meeting of the People Power Party on the 19th

During the Lunar New Year holiday, the People Power Party launched an offensive against the president's remarks on social media and his real estate policy stance, denouncing them as "disrupting the market." Floor leader Song Eonseok pointed out confusion in real estate policy and also expressed a critical stance on the ruling party's push for legislation related to the judicial system.

At a Supreme Council meeting on the 19th, floor leader Song said, "The president's social media remarks, which continued throughout the Lunar New Year holiday, are shaking the predictability of real estate policy and disrupting the market," adding, "As contradictory policy signals are repeated, the market cannot help but fall into confusion."

He went on to say, "President Lee once called multiple-home owners 'devils' and blamed them as the main culprits behind rising housing prices, but now he says that the real social evil is not multiple-home owners but politicians," and continued, "If he has truly recognized that politics is the real problem, he should reflect on himself, listen to the voices of the people, and try practicing politics that serves the people."

Song Eonseok, floor leader of the People Power Party, is making opening remarks at a Supreme Council meeting held at the National Assembly on the 19th. Photo by Yonhap News

Floor leader Song said, "Instead of throwing the market into turmoil with emotional and impulsive social media posts, the president should focus on responsible policy design based on a cool-headed understanding of the market economy," adding, "I hope he will abandon his habit of dividing people by judging who is a 'good' multiple-home owner and who is a 'bad' multiple-home owner, and concentrate on real real estate policy."

Floor leader Song then further intensified his criticism regarding the Democratic Party's legislative drive on the judicial system. He said, "How can the crime of legal distortion, a four-tier court system, and an increase in the number of Supreme Court justices be called livelihood reform bills?" and argued, "In a word, they are evil laws that destroy the judiciary, or more aptly named judicial power-grab bills to 'save Private Lee Jaemyung.'"

Floor leader Song said, "The primary virtue required to become a true president for all is cooperation and listening," adding, "Putting an immediate stop to the ruling party lawmakers' agitation to cancel indictments, which destroys the judicial system, and refraining from pushing legislation at an abnormal speed is the shortcut to becoming a president for everyone."

He also referred to President Lee as the "Odaesu (a president who only roughly patches things up for today)" president, saying, "Yesterday he boasted that the tariff negotiations went very well, but today he is startled by former President Trump's bombshell announcement of reimposing tariffs and hurriedly asks the National Assembly to pass a special act on investment in the United States," and advised, "Devote yourself to substantive state affairs rather than a flashy feast of words."