Urban planning expert slams government policy: 'Worse than a college student's work'

A prominent urban planning and real estate expert has launched a scathing attack on the current government's housing policies, deeming them inadequate. Ma Kang-rae, a professor at Chung-Ang University's Department of Urban Planning and Real Estate, expressed his strong disapproval in a recent Facebook post.

Professor Ma, who previously criticized the real estate policies of the Moon Jae-in administration in his book 'Real Estate, Fair Misfortune for Everyone,' has escalated his critique. He employed even stronger language this time to question the effectiveness and quality of the current government's measures, suggesting they fall short of basic standards.

His remarks highlight a growing concern among experts regarding the government's approach to the volatile real estate market. The professor's sharp criticism implies a significant disconnect between the administration's policies and the practical needs and realities of the market, raising questions about their potential impact.