Jung Wonoh, the Democratic Party of Korea candidate for Seoul mayor, criticized Oh Sehoon, the People Power Party candidate, for making real estate policy a campaign issue, saying, "Every election, raising the issue of taxes stirs up anxiety and intensifies real estate conflicts."
At a campaign committee meeting held at his former campaign office in Seoul on April 28, Jung stated, "Mayor Oh is still trapped in the outdated framework of 2022."
He pointed out that Oh had lifted the land transaction permit system in the Gangnam and Songpa areas last year, only to reverse the decision, saying, "He is the one responsible for creating market turmoil by impulsively lifting the land transaction permit system in Seoul and then reversing it after just 35 days. It does not make sense for him to now shift the blame onto the government."
Regarding Mayor Oh's repeated requests for Jung's position on the long-term capital gains tax exemption for homeowners, Jung maintained his previous stance, stating, "The current rights of single-homeowners who actually reside in their property must be unconditionally protected."
He added, "If there is continued deliberate distortion of facts and incitement of conflict through false claims about abolishing the exemption, citizens will inevitably deliver a stern judgment. While he could not speak up against the incompetence and recklessness of the Yoon Suk Yeol administration, he is now picking a fight with the capable Lee Jae-myung administration."
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