Deputy Minister Lee Sang-kyung Faces Calls for Resignation Over Controversial Comments

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date 25-10-28 15:15

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Deputy Minister of Land, Infrastructure and Transport Lee Sang-kyung is facing mounting pressure to resign following controversial remarks about falling housing prices and the ongoing debate over gap investment. On the 24th, the ruling People Power Party urged Lee to step down, criticizing the governments real estate policies.

During a National Assembly audit meeting, the partys floor leader Song Eon-seok stated, "Deputy Minister Lees irresponsible comment suggesting that people should buy homes when prices stabilize has firmly nailed the hearts of the public. He has created a situation where low-income citizens are left as renters due to loan regulations."

Song further accused Lee of hypocrisy, noting, "While he has profited from gap investments and amassed wealth exceeding 5 billion won, he dismisses the plight of housing-less citizens with mocking suggestions to simply wait. If he is the one responsible for creating this housing despair, he should judge his own position instead of belittling the public with a two-minute apology on YouTube."

Secretary General Jeong Hee-yong echoed these sentiments, stating, "Lee should have resigned instead of just apologizing. The comment by a Democratic Party member that 150 million won is a reasonable price for a citizens apartment starkly illustrates the perception of key figures in the Lee Jae-myung administration and has left the public feeling a significant sense of loss."

Furthermore, Kim Eun-hye, the partys deputy floor policy chief, criticized Lees two-minute apology released on YouTube. He remarked, "Lee attributed the gap investment to his wife, shifting the blame. Its pathetic that he blames his wife when the situation gets dire. He said to buy when prices drop, yet he bought when prices were rising. It’s one rule for him and another for the public, which is infuriating for ordinary citizens."

The controversy surrounding Lees comments and actions has reignited discussions on the governments handling of the real estate market, sparking widespread dissatisfaction among the public and political opposition. As the debate continues, the future of Deputy Minister Lee remains uncertain as calls for his resignation grow stronger.
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