Chong blames Oh for housing woes, unveils expanded support plan for young renters

The ruling Democratic Party of Korea's (DPK) Seoul mayoral candidate Chong Won-o on Monday unveiled a package of housing measures aimed at easing financial pressure on young people and newly married couples, while accusing rival Oh Se-hoon of mismanaging the city’s housing policy and contributing to the worsening rental market. Speaking at a campaign event in front of Seoul City Hall, Chong announced three housing stability plans for young adults and newlyweds, centered on expanded rent subsidies, additional housing supply and broader support for youth housing. Housing affordability and rising rent burdens have emerged as major issues in the Seoul mayoral race, particularly among younger voters struggling with high deposits and monthly rents. Chong argued that Seoul’s current rental difficulties stem from what he described as policy failures under Oh, the incumbent mayor and People Power Party's mayoral candidate. “The housing difficulties facing young people in Seoul today are clearly the result of housing administration failures under Oh Se-hoon,” Chong said. As part of the planWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times