President Lee's approval rating hits record low, real estate policy cited as top concern

South Korean President Lee Jae-myung's job approval rating has plummeted to its lowest point since taking office, with a recent poll showing only 44% approval and 46% disapproval. This marks a significant shift, as it is the first time the disapproval rating has surpassed the approval rating.

The primary driver behind this decline is the government's real estate policy, which was cited by 30% of respondents as the main reason for their negative assessment. This issue has now overtaken concerns about the economy and livelihoods, which were previously the top concern.

Other reasons for negative evaluations included the economy and livelihoods (13%), general dissatisfaction (7%), and perceived authoritarianism or lack of transparency (5%). On the positive side, foreign policy was the leading reason for approval, followed by economic management and general satisfaction with the president's performance.

The poll, conducted by Korea Gallup from August 11-13 among 1,000 adults nationwide, highlights growing public discontent, particularly concerning housing affordability and market stability.