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Housing policy, prosecution reform drag president's approval rating to record low

President Lee Jae Myung's approval rating has fallen to a new low since he took office, as public discontent grew over politically sensitive issues, including housing policy, prosecution reform and his controversial remarks about the Korea Military Academy, a survey showed Monday. The Realmeter survey, commissioned by Energy Economic News, also showed that public support for Lee slipped below the…

Housing policy, prosecution reform drag president's approval rating to record low

President Lee Jae Myung's approval rating has plummeted to an all-time low since his inauguration, with public dissatisfaction mounting over politically charged matters, according to a recent survey. The Realmeter survey, commissioned by Energy Economic News, revealed that Lee's support dipped below the Democratic Party of Korea's (DPK) for the first time during his presidency, which is now in its second year.

The controversies casting a shadow over Lee's administration include real estate tax overhaul, prosecution reform, his remarks linking the Korea Military Academy to a coup, and the sweltering heat wave, all contributing to a widespread decline in public backing. The debate surrounding real estate tax reform revolves around the potential tax hike for owners of high-value homes, a sensitive issue given housing's standing as one of the nation's most politically charged matters, especially in Seoul.

The prosecution reform controversy emerged from a legislative amendment that effectively eliminates prosecutors' discretion.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

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