Tag: kim hyun-mee

kim hyun-mee

Latest News

Real estate surrealism

At the beginning of the year, the Blue House declared that people who own more than one apartment were not welcome as senior government officials. Many vice ministers promoted last month disposed of apartments in Sejong City....

2020.12.16

No turning back

In his five-year economic plan upon inauguration in May 2017, President Moon Jae-in promised to create jobs through income-led growth, achieve a fair economy, improve livelihoods for the working and middle class, spur migration...

2020.12.14

Concerns about the nominee

What attracts our attention in the government’s reshuffle on Friday of four ministers was the replacement of Land, Infrastructure and Transport Minister Kim Hyun-mee. She was not replaced for her blunders on real estate policy,...

2020.12.6

This composite file photo shows, from left to right, Rep. Jeon Hae-cheol of the Democratic Party, Korea Health Industry Development Institute chief Kwon Deok-cheol, LH chief Byeon Chang-heum and Korea Foundation For Women chief Chung Young-ai, who were nominated as new ministers of interior, health, land and transport, and gender equality, respectively, by the president Friday. [YONHAP]

Moon replaces land minister as poll numbers plummet

President Moon Jae-in on Friday nominated four new ministers, replacing his embattled land minister, who has championed the administration’s controversial housing policy for over three years.

2020.12.4

Sack the land minister

Insensitive remarks from Land and Transport Minister Kim Hyun-mee have once again added fury to the people whose livelihoods have been weighed down by concerns over housing. “I would go on making them day and night if apartments...

2020.12.2

Supply demanded

The 24th set of real estate measures has even lost favor with the progressive front. The Kyunghyang Shinmun questioned if “mid- to small-sized public rents in unpopular districts can help meet the growing demand for jeonse...

2020.11.25

Minister of Land, Infrastructure and Transport Kim Hyun-mee and other lawmakers inspect rental housing during an on-site conference for leased homes in Gangdong District, eastern Seoul, on Friday. [YONHAP]

Guffaws as officials offer out-of-touch apartment advice

Recent statements from politicians of the ruling party responsible for the real estate measures have stirred controversy in several online communities for lacking compassion and being out of touch with reality.

2020.11.23

Land Minister Kim Hyun-mee announces the government plans to supply jeonse housese in stablizing the market including remodeling hotels at the government complex in Seoul on Thursday. [YONHAP]

Gov't to repurpose hotels to make jeonse cheaper

The government will increase supplies of residences by 114,000 units over the next two years, including repurposing hotel rooms and office space. This is the 24th set of real estate measures introduced by the Moon Jae-in government.

2020.11.19

A view of apartments on the south side of the Han River from Lotte World Tower in Jamsil, southern Seoul, on Sept. 27. Despite government efforts, apartment prices continue to rise. [YONHAP]

Average selling price of Seoul apartments hits 1 billion won

Despite government claims that real estate prices have been stabilized, the average selling price for an apartment in Seoul exceeded 1 billion won ($852,000) for the first time in a single month.

2020.9.28

Touching a sore spot

Next month, Kim Hyun-mee will become the longest-serving minister for land, infrastructure and transport. She beats the record of Jung Jong-hwan, who served 1,187 days under President Lee Myung-bak and spearheaded his signature...

2020.8.5

Tag: kim hyun-mee

kim hyun-mee

Latest News

Real estate surrealism

No turning back

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