President Lee Jae-myung stated on September 23 that a comprehensive investigation of farmland is essential to prevent speculation and ensure proper use of agricultural land.
While attending the United Nations General Assembly in New York, President Lee shared a post on X (formerly Twitter) from Minister of Agriculture, Food and Rural Affairs Song Mi-ryung regarding the farmland investigation. He emphasized that the government's efforts to preserve farmland align with constitutional mandates and the will of the people.
He made it clear, "While previous governments have avoided this due to resistance and backlash, I will not shy away from pursuing the farmland investigation."
President Lee explained that the investigation will target individuals who acquire farmland under the pretense of farming but do not actually cultivate it, instead waiting for land prices to rise or renting it out illegally. He stressed that the forced sale of such land is not a new policy but a measure in accordance with existing laws established by the public and the National Assembly.
The government began its first comprehensive investigation of farmland ownership, use, and cultivation status in May. It plans to utilize satellite, drone, and artificial intelligence analysis to check for speculative land holdings and illegal rentals.
President Lee further asserted, "I believe that I was elected to enact real estate reform to change a flawed system where cunning individuals profit from farmland speculation while law-abiding citizens suffer losses."
However, he clarified that farmland owned by individuals who can no longer farm due to age or health issues, as well as inherited farmland, will not be subject to forced sale. This statement was made in response to recent concerns raised in rural areas about mandatory sales for those unable to farm directly.
President Lee claimed that those involved in farmland speculation often attack the government and him to undermine regulatory measures, attempting to rally support from non-targeted individuals through misinformation.
He noted, "As my approval ratings decline, it becomes increasingly difficult to implement reforms. Despite the growing opposition and backlash, we must proceed with our plans. I trust the majority of good citizens."
President Lee urged Minister Song to ensure clear communication to avoid misunderstandings. He also expressed gratitude for her efforts in managing prices during the Chuseok holiday and for her dedication to agricultural administration.
* This article has been translated by AI.
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