Jang Dong-hyuk, leader of the People Power Party, criticized President Lee Jae-myung on November 4 for his comments regarding real estate and the Democratic Party's push for a so-called 'manipulated indictment (dismissal) special prosecutor law.'
In a Facebook post, Jang responded to President Lee's labeling of media reports about his real estate comments as 'fake news,' stating, "It seems he is burning inside as all media outlets criticize him at once." He added, "The perception that only the three districts of Gangnam (Gangnam, Seocho, and Songpa in Seoul) are 'major areas' is fundamentally flawed," asserting that the president has effectively confessed that targeting Gangnam is the goal of his real estate policy.
Jang further claimed that even the three Gangnam districts have not seen a 'remarkable' decline, while areas outside Gangnam, including Gyeonggi and Incheon, have experienced a 'remarkable' increase. He noted that rents for villas, officetels, and one-room apartments have surged, causing significant hardship for ordinary citizens. Regarding the increase in listings and decrease in transactions that President Lee cited as policy successes, Jang argued, "People are forced to sell their homes due to a tax burden, and transactions have plummeted because all loans are frozen. At this point, it can only be described as 'real estate sadism.'"
Jang also criticized the Democratic Party for pushing forward with the special prosecutor bill aimed at investigating the prosecution and indictment process concerning President Lee. This bill has become a contentious issue, with both parties referring to it as the manipulated indictment special prosecutor law and the dismissal special prosecutor law, respectively, indicating a lack of consensus on its name.
Regarding this bill, Jang stated, "The Democratic Party insists that removing the dismissal clause would resolve the issue, but that is a blatant lie. They are proposing to appoint a prosecutor to investigate the defendant's own case. Reopening the trial should come before any dismissal."
In a Facebook post, Jang responded to President Lee's labeling of media reports about his real estate comments as 'fake news,' stating, "It seems he is burning inside as all media outlets criticize him at once." He added, "The perception that only the three districts of Gangnam (Gangnam, Seocho, and Songpa in Seoul) are 'major areas' is fundamentally flawed," asserting that the president has effectively confessed that targeting Gangnam is the goal of his real estate policy.
Jang further claimed that even the three Gangnam districts have not seen a 'remarkable' decline, while areas outside Gangnam, including Gyeonggi and Incheon, have experienced a 'remarkable' increase. He noted that rents for villas, officetels, and one-room apartments have surged, causing significant hardship for ordinary citizens. Regarding the increase in listings and decrease in transactions that President Lee cited as policy successes, Jang argued, "People are forced to sell their homes due to a tax burden, and transactions have plummeted because all loans are frozen. At this point, it can only be described as 'real estate sadism.'"
Jang also criticized the Democratic Party for pushing forward with the special prosecutor bill aimed at investigating the prosecution and indictment process concerning President Lee. This bill has become a contentious issue, with both parties referring to it as the manipulated indictment special prosecutor law and the dismissal special prosecutor law, respectively, indicating a lack of consensus on its name.
Regarding this bill, Jang stated, "The Democratic Party insists that removing the dismissal clause would resolve the issue, but that is a blatant lie. They are proposing to appoint a prosecutor to investigate the defendant's own case. Reopening the trial should come before any dismissal."
* This article has been translated by AI.
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