# South Korean political dispute over real estate policy > Live situation record from CLSTR: https://clstr.news/situations/south-korean-political-dispute-over-real-estate-policy > Updated: 2026-10-06T04:41:29.000Z. Sources: 15. Developments: 3. Seoul Mayor Oh Se-hoon has engaged in a political dispute with President Lee Jae-myung regarding real estate and land management policies. Initially, Oh criticized the administration’s housing policies, arguing that an excessive focus on owner-occupancy requirements has caused a rental shortage and driven up prices. He defended his own administration by attributing current supply shortages to the previous administration’s cancellation of redevelopment zones. To address long-term stability, the Seoul Metropolitan Government has set goals to break ground on 310,000 redevelopment units and supply 130,000 public housing units by 2031. Oh expanded his criticism to include a government investigation into farmland ownership, arguing that verifying farming practices treats citizens as potential speculators. He characterized the oversight as “arrogance and self-righteousness” and suggested the administration is focused on “crushing” specific groups rather than addressing national issues like economic restructuring and low birth rates. During a press conference marking his 100th day in office, Oh intensified his dispute over housing supply data. He refuted President Lee’s claim that surging housing permits in the Seoul metropolitan area result from the central government’s “speed war” in supply efforts. Oh dismissed the President’s interpretation as a “mental victory” (정신승리), arguing that the increases stem from the Seoul Metropolitan Government’s long-term efforts to restore redevelopment projects canceled by previous administrations. In his 100-day address, Oh further argued that the administration's failure to stabilize housing and monthly rent prices is a primary driver for declining presidential approval ratings. He advocated for a shift from regulatory-heavy policies to a supply-oriented approach, suggesting the government provide tax and financial incentives to encourage private and international investment in long-term rental housing. Additionally, Oh addressed his ongoing legal challenges regarding Myung Tae-kyun survey fee allegations, stating he has submitted new evidence for his appeal trial. ## Claims - The government failed to maintain low housing and monthly rent prices. (corroborated by 3 sources) - Seoul Mayor Oh Se-hoon criticized the government's policy of conducting a full-scale investigation into farmland. (corroborated by 2 sources) - Oh Se-hoon argued that the government's approach treats citizens as potential speculators by applying a single standard to complex lives. (corroborated by 2 sources) - The Mayor attributed the government's focus on targeting specific groups to a lack of national vision. (corroborated by 2 sources) - Seoul Mayor Oh Se-hoon has proposed a formal meeting with the Minister of Land, Infrastructure and Transport. (corroborated by 2 sources) - New evidence has been submitted in the appeal trial regarding the Myung Tae-kyun survey fee allegations. (corroborated by 2 sources) - The sharp decline in presidential approval ratings reflects the pleas of citizens. (single source) - Housing policy should shift from a focus on regulation to a commitment to actual supply. (single source) - Oh Se-hoon opposes using Yongsan Park for apartment development. (single source) - More than half of the 22,000 housing permits in Seoul came from urban renewal projects. (single source) - The increase in housing permits this year is a result of Seoul City's efforts to speed up district designation and deliberation. (single source) - Private long-term rental housing supply should be revitalized through tax, financial, and loan benefits. (single source) ## Timeline ### 2026-10-06: Seoul Mayor Oh Se-hoon criticizes national housing policy Seoul Mayor Oh Se-hoon criticized the central government's housing policies, citing rising rents and failed supply management as key issues, while advocating for deregulation and private investment. 9 sources. https://clstr.news/cluster/oh-se-hoon-criticizes-real-estate-policy-and-calls-for-housing-supply-shift ### 2026-09-27: Oh Se-hoon criticizes government farmland investigation Seoul Mayor Oh Se-hoon criticized the government's farmland investigation, arguing it treats citizens as potential speculators and lacks a broader national vision. 3 sources. https://clstr.news/cluster/oh-se-hoon-criticizes-government-farmland-investigation ### 2026-09-19: Seoul Mayor Oh Se-hoon criticizes President Lee's real estate policies Seoul Mayor Oh Se-hoon criticized President Lee Jae-myung's real estate policies, blaming previous administration decisions for supply shortages and arguing current regulations exacerbate the rental crisis. 7 sources. https://clstr.news/cluster/seoul-mayor-oh-se-hoon-criticizes-president-lees-real-estate-policies --- Cite as: South Korean political dispute over real estate policy. CLSTR, https://clstr.news/situations/south-korean-political-dispute-over-real-estate-policy