{
  "id": 14849767,
  "title": "Seoul city blames ex-mayor's policies for weak long-term housing supply",
  "url": "https://urgent.news/2026/10/16/seoul-city-blames-ex-mayors-policies-for-weak-long-term-housing-supply-14849767",
  "topic": "world",
  "section": "World",
  "published": "2026-10-16T02:47:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/southkorea/politics/20261016/seoul-city-blames-ex-mayors-policies-for-weak-long-term-housing-supply"
  },
  "original_language": "en",
  "account": "The Seoul city government has recently attributed the weak long-term housing supply in the capital to policies implemented during the tenure of late former Mayor Park Won-soon, who passed away earlier this year. This assessment is detailed in a report analyzing the city's housing policies over the past 20 years, as recent shortages have led to sharply increasing home prices. According to the report, between 2012 and 2020, while Park served as mayor, 389 out of the 683 areas earmarked for city improvement projects were canceled, which has resulted in the potential construction of approximately 430,000 homes. Park, a member of the then-ruling Democratic Party of Korea (DPK), favored urban regeneration projects that emphasized preservation over large-scale redevelopment or reconstruction. The report emerges as the current Mayor Oh Se-hoon, from the main opposition People Power Party, faces criticism from DPK lawmakers regarding his private-led housing supply strategy. The city government under Oh Se-hoon aims to commence construction on approximately 310,000 housing units by 2031 through redevelopment and reconstruction initiatives to address the housing crisis.",
  "summary": "The Seoul city government on Friday blamed policies pursued under late former Mayor Park Won-soon for weakening the foundation for long-term housing supply in the capital. The municipality made the assessment in a report analyzing the city's housing policies over the past 20 years, as recent shortages in the capital have contributed to sharply rising home prices. The report said that between 2012…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Seoul city blames ex-mayor's policies for weak long-term housing supply",
        "url": "https://urgent.news/2026/10/16/seoul-city-blames-ex-mayors-policies-for-weak-long-term-housing-supply",
        "published": "2026-10-16T01:40:14.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul city blames ex-mayor's policies for weak long-term housing supply",
        "url": "https://urgent.news/2026/10/16/seoul-city-blames-ex-mayors-policies-for-weak-long-term-housing-supply-14846323",
        "published": "2026-10-16T02:27:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}