Lee Jae-myung "Will Realize Supply of High-Quality Basic Housing So Everyone Can Live Without Housing Concerns"

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province Governor Lee Jae-myung expressed his views on Gyeonggi Province's basic housing and asserted its necessity while delivering news of the forum held on the day.

Governor Lee stated through SNS on the 26th, "If the state guarantees the right to housing as a fundamental right of the people, people would not have to tremble with the anxiety of ending up on the streets, and as a result, real estate speculation overheating and speculative demand would also subside. Basic housing focuses on blocking speculation while providing affordable and high-quality living environments through two types: 'long-term rental type' where residents pay reasonable rent lower than surrounding market prices and can reside for an extended period, and 'lease-hold sales type' where residents only pay land usage fees and must sell back to the public when reselling," he said.

Governor Lee also stated, "The 'Gyeonggi Province Basic Housing' forum held in the National Assembly today was co-hosted by 50 National Assembly members. I deeply appreciate your interest and commitment to basic housing. I will do my part to realize the supply of high-quality basic housing so that everyone can live without housing concerns," and concluded.

The following is the full text of Gyeonggi Province Governor Lee Jae-myung's SNS post.

<The public must guarantee minimum housing rights>
In our country, housing has become a means of speculation to buy and sell rather than a place to live. As speculation overheats, speculative demand has added to the anxiety of having to scrape together everything, including one's soul, to buy a house out of fear of spending a lifetime in someone else's home. Most of the people's disposable income is tied up in paying off housing loans, consumption declines, quality of life deteriorates, and economic recession follows.
If the state guarantees the right to housing as a fundamental right of the people, people would not have to tremble with the anxiety of ending up on the streets, and as a result, real estate speculation overheating or speculative demand would also subside.
There is an answer in the President's words, "We will not let people make money through real estate." We can suppress speculation by restricting financial benefits to non-primary residence demand and recovering unearned income.
Gyeonggi Province is pursuing 'basic housing' that allows anyone without a home to live in high-quality housing located in prime locations.
Basic housing focuses on blocking speculation while providing affordable and high-quality living environments through two types: 'long-term rental type' where residents pay reasonable rent lower than surrounding market prices and can reside for an extended period, and 'lease-hold sales type' where residents only pay land usage fees and must sell back to the public when reselling.
For this, institutional improvements must be supported, including the enforcement of the Special Act on Public Housing, the enactment of a Special Act to Promote Supply of Basic Housing Sales Type, amendments to the Public Housing Special Act, Housing Act, and Local Public Enterprise Act. Financial support for flexible fund mobilization is also necessary.
Nowadays, society is called a world of self-reliance. It is bitter to hear that even in the future, housing and jobs are so uncertain that people must take responsibility for their own lives. It is the minimum role the state should play to keep the people from being anxious.
The 'Gyeonggi Province Basic Housing' forum held in the National Assembly today was co-hosted by as many as 50 National Assembly members. I deeply appreciate your interest and commitment to basic housing. I will do my part to realize the supply of high-quality basic housing so that everyone can live without housing concerns.