President Lee Jae Myung and main opposition People Power Party (PPP) leader Jang Dong-hyeok clashed Monday over the government’s approach to regulating multi-homeowners, escalating a war of words during the Lunar New Year holiday. In a post on X, Lee said housing rentals should be handled mostly by the public sector, citing the “national importance and public nature” of the issue. “Some argue that multi-homeowners supply rental properties and that if they sell, rental supply will shrink, pushing up monthly rents,” Lee said. “They insist that we should encourage and protect multi-homeowners and even provide tax and financial benefits.” However, Lee argued it is “fair and reasonable” to impose a certain level of responsibility and burden on multi-homeowners in the face of social problems arising from housing speculation. The president has in recent days repeatedly posted messages on social media, stressing the need to curb multi-home ownership to address real estate speculation, which he has described as a deeply sensitive public issue. Lee also shared a media report on Jan
Lee, PPP leader engage in clash over multi-homeowner policy
in News
Related Posts
Latest News from Korea
- SK Telecom gets over 340,000 users in January amid KT fee waiver
SK Telecom Co., Korea’s largest mobile carrier, gained more than 340,000 customers through mobile number portability (MNP) last month, as KT Corp. waived early termination fees following a major data breach, industry data showed Monday. A total of 342,000 users switched to SK Telecom via MNP in January, up 184.7 percent, or about 222,000 users, from the previous month, according… Read more: SK Telecom gets over 340,000 users in January amid KT fee waiver - Speed skater begins looking ahead to 4th Olympics after another missed opportunityMILAN — Only minutes after ending her third Winter Games appearance in disappointment on Sunday in northern Italy, speed skater Kim Min-sun already started looking ahead to the next Olympics in 2030. The third time didn’t end up being the charm for the 26-year-old South Korean, who finished in 14th place in the women’s 500 meters with a time of… Read more: Speed skater begins looking ahead to 4th Olympics after another missed opportunity
- Curious about Korea’s hanbok promoted by RM? Easy ways to add it to daily lifeOn the morning of Lunar New Year’s Day in 1921, a young woman believed to be a mother took two children on an outing to Gwanghwamun under the rosy winter sun above snow-covered Bugaksan. The girl wore a rainbow-striped jeogori and a gold-patterned headdress, while the younger boy donned colorful silk shoes and a snug winter cap. This was how… Read more: Curious about Korea’s hanbok promoted by RM? Easy ways to add it to daily life
- Lee, PPP leader engage in clash over multi-homeowner policyPresident Lee Jae Myung and main opposition People Power Party (PPP) leader Jang Dong-hyeok clashed Monday over the government’s approach to regulating multi-homeowners, escalating a war of words during the Lunar New Year holiday. In a post on X, Lee said housing rentals should be handled mostly by the public sector, citing the “national importance and public nature” of the… Read more: Lee, PPP leader engage in clash over multi-homeowner policy
- Lee’s approval rating rises for 3rd consecutive week: pollPresident Lee Jae Myung’s approval rating rose to 56.5 percent last week, a survey showed Monday, driven by the government’s efforts to stabilize the property market. The rating was up 0.7 percentage points from the previous week, while the negative assessment fell 0.2 percentage points to 38.9 percent, according to the survey by Realmeter, commissioned by a local business news… Read more: Lee’s approval rating rises for 3rd consecutive week: poll
Latest Entertainment from Korea
- LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings CollectionPhoto Credits: CHROMOSOME LE’V Illuminates 2026 with “Spotlight Soul” LE’V enters 2026 with a statement that feels both cinematic and deeply personal. His Season’s Greetings “Spotlight Soul” concept photos reveal a striking evolution — one that merges emotional depth with artistic clarity. The project, released as a collector’s visual experience, celebrates not just another year but LE’V’s firm grasp on identity, craft,… Read more: LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings Collection
- KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty CodesPhoto Credits: SPUR Dior Starship Entertainment A New Year, A New Iconic Pairing SPUR Magazine opens 2026 with a collaboration that feels both intimate and electric. The January 2026 Issue Pictorial Preview showcases KiiiKiii Leesol and Haum in a visual dialogue infused with Dior Addict’s luminous rebellion. Titled “Light Moves: The Addict State of Mind”, the spread captures the interplay of motion, reflection, and self-definition—a signal… Read more: KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty Codes
- Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & IdentityPhoto Credits: Hi-Hat Entertainment The Convergence of Vision and Identity The January 2026 Pictorial from ifeye × KITTO Taiwan marks a defining moment in East Asian creative media. Framed as both a celebration and an evolution, the collaboration bridges art direction, fashion narrative, and technological fluidity to capture a new generation’s pulse. More than a photoshoot, this issue acts as a visual manifesto—an exploration of… Read more: Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & Identity
- Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover StoryPhoto Credits: KLAP ENTERTAINMENT Kep1er’s Xiaoting Captures the Moment Kep1er’s Shen Xiaoting steps into 2026 as a muse of modern elegance, fronting the January 2026 Wonderland China cover with an aura that’s both futuristic and fiercely grounded. As one of the brightest stars of her generation, Xiaoting embodies the balance between aspiration and artistry that defines global pop’s next chapter. “Confidence is not just… Read more: Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover Story
- BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional PrecisionPhoto Credits: GQ Korea – Cartier – BigHit Music. – BTS V x Cartier: The Sound of Stillness and Strength For GQ Korea’s February 2026 issue, the cover unfolds like a cinematic confession. BTS’s V (Kim Taehyung)—known for his magnetic duality of mystery and warmth—joins forces with Cartier, the house synonymous with precision, artistry, and legacy. Together, they create a visual symphony that celebrates… Read more: BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional Precision
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
