Song Eon-seok, floor leader of the People Power Party (PPP), on the 31st called on the Democratic Party of Korea to "halt all political disputes, including parliamentary investigations and special counsel law revisions, until economic instability caused by Middle East risks stabilizes."
Song made the remarks at a floor leadership meeting held at the National Assembly. "At a time of dire crisis threatening the livelihoods of the people, the National Assembly is clinging to a single audio file manipulated through devilish editing, absorbed in political strife over a parliamentary investigation aimed solely at dropping charges against one person — President Lee Jae-myung," he said. He pointed out, "The situation is so urgent that the president is talking about a supplementary budget under the pretext of war, yet the ruling party is idly fixated on issues like dropping charges — a truly deplorable reality in the eyes of the public."
He went on to "propose the convening of an emergency bipartisan roundtable involving the ruling and opposition parties and the government to review the management of and response measures for exchange rates, prices, and oil prices," adding, "I hope the political sphere can set aside political disputes even briefly and join forces across party lines for the people's livelihoods."
Regarding the government's real estate policy, Song said, "The Lee Jae-myung government's real estate policy has gone beyond simple failure — it is destroying the very ladder of young people's lives and life-cycle progression." He noted, "Seoul apartment prices rose 4.9% in the nine months just before the Lee Jae-myung government took office, but surged 11.1% in the nine months since it launched." He criticized that "demand suppression policies have actually accelerated price increases," adding that "the upward trend is not only spreading across all of Seoul but extending into Gyeonggi Province as well."
Song said, "As young workers and newlywed couples are increasingly pushed from Seoul to Gyeonggi Province and even farther outskirts, this is creating a chain of interconnected, compounding crises — not merely residential relocation, but rising commuting costs, declining quality of life, and reluctance to have children." He emphasized, "You cannot tame prices by suppressing demand alone in a market where real estate supply is blocked. It only distorts property transactions and shifts the burden onto the most vulnerable groups," and stressed, "The Lee Jae-myung government's lending restrictions and Seoul expulsion order must be abolished."
He urged, "Expanding the supply of Seoul apartments is absolutely necessary," and "strongly called on the Lee Jae-myung government to reconsider this matter."