President Lee Vows to Eradicate Jeonse Fraud Through Expanded Disclosure

Politics|
|
By Song Jong-ho
||
President Lee: "Eradicating jeonse fraud... Expanding information disclosure, reducing gaps in tenant protection rights" - Seoul Economic Daily Politics News from South Korea
President Lee: "Eradicating jeonse fraud... Expanding information disclosure, reducing gaps in tenant protection rights"

President Lee Jae-myung emphasized on the 10th that "many citizens are still suffering from the jeonse fraud crisis that occurred in 2022," adding that "to eradicate jeonse fraudsters who undermine public safety and community trust, we need to strengthen social responsibility for housing stability."

At a Cabinet meeting held at Cheong Wa Dae on the same day, President Lee stated, "We must proceed without delay on institutional reforms including expanded disclosure of housing-related information, reducing gaps in tenant protection rights, and strengthening licensed real estate agents' accountability." He added that "eradicating jeonse fraud is also a core task in normalizing the abnormalities that remain in our society."

Original reporting by Song Jong-ho for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
4:33

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.