Jung Tae-sik: 'Yoon President's Apartment Sale Mortgage, Loan Regulation Bypassing Trick'

Jung Tae-sik, the head of the ruling party's parliamentary committee, criticized the president's actions as a glaring contradiction in real estate policy, highlighting how the establishment of a 17 billion won mortgage on the president's apartment sale exemplifies the distortion of the market by regulatory measures. He condemned the president's hypocrisy in imposing strict loan regulations on citizens while personally circumventing them through legal loopholes, demanding the ruling party rename itself 'More Mortgaged' rather than 'People's Democratic Party.' Jung argued that the president's use of a loan to sell the property effectively bypassed regulations, enabling substantial profits while restricting citizens' access to housing loans. He called for a policy shift toward easing abnormal loan regulations and expanding private housing supply, urging the immediate dismissal of President Yoon's policy chief Kim Yong-bum for creating chaotic markets.