Gwacheon Housing Dispute
One story, 0 countries, 2 papers
This topic isn't active right now. Last covered Sep 3, 2026. See today's headlines.
South Korea's Gwacheon Mayor Shin Gye-yong and about 300 residents urge the government to withdraw plans for 9,800 homes on two sites. Finance minister nominee Lee Hyeong-il says his jointly owned Gwacheon apartment is being demolished for reconstruction, while maintaining that housing policy should focus on actual residents.
Mayor Shin Urges Government: “Do Not Treat Gwacheon as a Housing Supply Tool”
“Gwacheon is not a tool for meeting the central government’s housing supply targets. Do not force Gwacheon residents to make further sacrifices,” Mayor Shin Gye-yong said at a rally opposing a government housing plan. The plan would add about 9,800 homes to the racecourse and Defense Counterintelligence Command sites. Shin argued that the proposal ignores the city’s urban and financial limits afte…
Finance Minister Nominee Says Non-Resident Gwacheon Apartment Is Being Demolished for Reconstruction
Deputy Prime Minister and finance minister nominee Lee Hyeong-il said his non-resident apartment in Gwacheon, Gyeonggi province, is being demolished as reconstruction proceeds. Lee made the comment on…
Deputy prime minister nominee says disputed Gwacheon apartment is being demolished for reconstruction
Lee Hyeong-il, nominee for South Korea’s deputy prime minister and finance minister, defended his ownership of a non-owner-occupied apartment in Gwacheon by saying the property is being demolished for…
Lee Hyeong-il says his Gwacheon apartment is being demolished for reconstruction: “A residence-centered market remains a firm principle”
Lee Hyeong-il defended his ownership of an apartment in Gwacheon by pointing to the construction site itself. The nominee for deputy prime minister and finance minister said the apartment is currently…
