Jang Dong-hyuk, leader of the People Power Party, urged President Lee Jae-myung on July 23 to clarify his relationship with the buyer involved in a controversial 1.7 billion won mortgage linked to the sale of an apartment in Bundang.
During a Supreme Council meeting at the National Assembly, Jang stated, "The public is outraged by President Lee's 'Deobul Mortgage' transaction."
He added, "Neither the president, the Blue House, nor the Democratic Party seems to understand why the public is angry." Jang criticized the government's dual and triple regulations that have caused housing prices to skyrocket, stating that the president used a loophole known as 'homeowner loans' to sell his property just before it became unsellable.
Jang also accused the president of demonizing homeowners, saying, "He has referred to them as devils, yet he has resorted to methods that ordinary citizens could not even imagine."
He pointed out that the National Tax Service had identified "cash-rich individuals unaffected by loan regulations and those with excessive private debts" as targets for tax audits two months ago, claiming that President Lee's apartment sale falls under this category.
"If an ordinary citizen were involved, they would have been thoroughly investigated for months," Jang remarked, emphasizing that the president's actions in real estate policy are contributing to public outrage.
He noted that there are many suspicions regarding the relationship between the buyer listed in the property registry and the president, questioning, "If someone lent 1.7 billion won and is not collecting interest, what kind of relationship could that be? It would be best for the president to clarify this before the public investigates further."
Regarding President Lee's upcoming 'National Discussion on Real Estate Policy,' Jang questioned its necessity, stating, "Now that he has sold his own house, he will push for higher property taxes and the abolition of long-term holding exemptions even more aggressively."
During a Supreme Council meeting at the National Assembly, Jang stated, "The public is outraged by President Lee's 'Deobul Mortgage' transaction."
He added, "Neither the president, the Blue House, nor the Democratic Party seems to understand why the public is angry." Jang criticized the government's dual and triple regulations that have caused housing prices to skyrocket, stating that the president used a loophole known as 'homeowner loans' to sell his property just before it became unsellable.
Jang also accused the president of demonizing homeowners, saying, "He has referred to them as devils, yet he has resorted to methods that ordinary citizens could not even imagine."
He pointed out that the National Tax Service had identified "cash-rich individuals unaffected by loan regulations and those with excessive private debts" as targets for tax audits two months ago, claiming that President Lee's apartment sale falls under this category.
"If an ordinary citizen were involved, they would have been thoroughly investigated for months," Jang remarked, emphasizing that the president's actions in real estate policy are contributing to public outrage.
He noted that there are many suspicions regarding the relationship between the buyer listed in the property registry and the president, questioning, "If someone lent 1.7 billion won and is not collecting interest, what kind of relationship could that be? It would be best for the president to clarify this before the public investigates further."
Regarding President Lee's upcoming 'National Discussion on Real Estate Policy,' Jang questioned its necessity, stating, "Now that he has sold his own house, he will push for higher property taxes and the abolition of long-term holding exemptions even more aggressively."
* This article has been translated by AI.
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