President Lee Jae-myung will hold a second meeting today to review real estate policies, focusing on housing supply measures in the capital region.
The meeting will take place at 2 p.m. at the Blue House and will be closed to the public.
During this meeting, President Lee will review the results shared by various ministries regarding the supply measures he requested in the first meeting.
On August 3, during a closed meeting to assess the real estate and stock markets, President Lee instructed officials to "secure as much available housing supply as possible."
In this follow-up meeting, he is expected to receive detailed implementation plans for expanding housing supply, including supply volume and target sites, from relevant ministries such as the Ministry of Finance and the Ministry of Land, Infrastructure and Transport. There will also be a focus on coordinating the specifics of the supply measures that the government plans to announce soon.
Since President Lee directed a comprehensive review of the previously announced capital region supply measures in the last meeting, related topics are also expected to be discussed.
As interest grows on how to secure available land in Seoul, discussions from a recent lunch meeting between Policy Chief Kim Yong-beom and Seoul Mayor Oh Se-hoon on August 5 are also anticipated to be addressed.
The two officials discussed housing supply measures utilizing semi-industrial areas and the potential lifting of development restrictions in greenbelt zones. Mayor Oh reportedly expressed opposition to expanding the supply scale in the Yongsan International Business District and lifting greenbelt restrictions.
On August 6, Chief Spokesperson Kang Yu-jeong stated in a briefing, "We are reviewing various measures regarding the President's request for expanding housing supply and its speed," adding, "We should be able to provide answers regarding the specifics of the supply measures and their announcement timing after the second meeting."
* This article has been translated by AI.
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