Lee Joon-seok Criticizes Government’s Real Estate and Energy Policies
Seoul, August 8th – Lee Joon-seok has sharply criticized the Lee Jae-myung management’s recent real estate and energy policies, labeling the housing supply measures a “short supply measure” and a ”political show.” Speaking at the Supreme Council of the National Assembly this morning,Lee argued the 9/7 real estate plan is filled with “plausible numbers and slogans” but lacks realistic implementation.
“We are called apartments that are built and built,” Lee stated, suggesting a focus on construction without addressing essential issues. He further warned that the supply measures, lacking concrete financing and implementation plans, are “nothing more than a feast of air,” comparing them to a structurally unsound building.Lee expressed particular concern over the government’s reliance on the Korea Land and housing Corporation (LH). “It is a very perilous idea that the government has to leave it directly to the Korea Land and Housing Corporation (LH),” he said, accusing the administration of employing “snack accounting techniques” by placing the entire burden on LH, which already carries over 160 trillion won in debt, and possibly blaming the corporation for future failures. He likened the situation to “Jojo’s lack of military in the Three Kingdoms,” implying a superficial fix that doesn’t address the core problem.
Beyond housing, Lee also voiced strong opposition to the government’s decision to transfer energy functions from the Ministry of Industry to the Ministry of Habitat.He characterized this move as “a dangerous experiment to keep the industry within the framework of regulation.”
Lee argued that a developed nation prioritizes increasing the supply of “low and safe energy to maximize the productivity of individuals,” contrasting this with the “stingy” energy supply characteristic of less developed countries. He asserted, “In the first place, there is no eco-amiable and economical energy,” and that the Ministry of environment would inevitably oppose any expansion of energy production.
He concluded by stating that splitting energy policy between the two ministries would weaken durability and negatively impact foreign trade negotiations regarding nuclear power, renewable energy, gas, oil, and overall power policy.
(Source: Newsis) – [email protected]