President Lee Jae-myung on Tuesday called the flow of capital from real estate to the stock market "a very natural and encouraging phenomenon," as the KOSPI index breached the 6,000 mark for the first time in history.
Lee made the remarks during a luncheon meeting with senior advisors of the ruling Democratic Party of Korea at Cheongwadae, according to Lee Kyu-yeon, Senior Secretary for Public Communications.
"The most important task right now is solving economic problems," the president told the advisors. "We must resolve the chronic problem of wealth concentration in real estate, which fuels social polarization and causes hardship for ordinary citizens."
The president did not specifically comment on the KOSPI crossing 6,000 during intraday trading.
"The president does not place significant importance on stock prices themselves," the senior secretary explained. "He expressed that the phenomenon of money flowing from real estate to the stock market—into productive finance—is highly encouraging."
No specific remarks were made regarding tariff negotiations with the United States, which have emerged as a key issue in bilateral relations. However, the president said he would proceed "step by step" with commitments made between the two leaders, coordinating schedules between both nations "regardless of the situation in the United States."
The meeting lasted approximately one hour and 45 minutes. Attendees included senior party figures such as advisors Kwon Roh-kap and Lee Yong-deuk, former Prime Ministers Han Myeong-sook and Chung Sye-kyun, former National Assembly Speakers Kim Won-ki, Im Chae-jung, Moon Hee-sang, Kim Jin-pyo, and Park Byeong-seok, and former Unification Minister Chung Dong-young.
This was the president's first meeting with the party's senior advisory group since returning to Cheongwadae, and the first such gathering in approximately six months since Aug. 21 last year.
"Since returning to Cheongwadae, many things seem to be stabilizing," Lee said. "With the Democratic Party newly in power and visible achievements emerging early, citizens can feel significant changes. This is very fortunate, and I am grateful for all your efforts."
The president emphasized his commitment to national unity. "The office of president is not about taking one side," he said. "Until the election, I won as a representative of one side, but from the next moment onward, I must govern by unifying everyone and moving forward together."
He added: "In that regard, I am still lacking, but I will continuously strive for unity. I will do my best to ensure citizens enjoy a better tomorrow than today."
Advisor Kwon noted positive signals across the economy, including real estate and stocks, and urged attention to youth employment, low birth rates, and the climate crisis. Former Prime Minister Chung called for focus on future issues such as constitutional revision and electoral reform, noting that "public welfare has changed dramatically" under the new administration.
Former Speaker Moon compared the president's pragmatic leadership to a blend of former Presidents Kim Dae-jung and Roh Moo-hyun, and urged him to maintain precise timing in political matters. The senior secretary noted that discussions on inter-Korean relations featured prominently, reflecting the advisors' shared recognition of the importance of peace on the Korean Peninsula.