(2nd LD) Lee calls for all-out efforts to boost housing supply

President Lee Jae Myung urged the government to accelerate the housing supply process during a Cabinet meeting on Tuesday. He highlighted the need to reduce administrative procedures for building homes, as housing prices continue to soar despite government attempts to stabilize the market. The president emphasized that stable housing is crucial for improving people's lives, citing a decline in housing construction permits and new land for real estate development over the past three years as reasons for supply disruptions.

To address these issues, Lee instructed officials to promptly implement consistent market management policies and large-scale housing supply measures, bypassing customary practices and procedures. He called for a comprehensive overhaul of the nation's public safety functions, including policing, firefighting, and disaster prevention, emphasizing the importance of thorough protection measures for both the public and those working in these fields.