(LEAD) Lee calls for all-out efforts to boost housing supply

SEOUL, Oct. 20 (Yonhap) -- President Lee Jae Myung on Tuesday stressed the need ...

Yonhap NewsPark Boram2026-10-20 11:39查看原文 ↗

President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on Oct. 20, 2026. (Yonhap)

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(ATTN: UPDATES with more remarks by president in last 5 paras; ADDS photo)

SEOUL, Oct. 20 (Yonhap) -- President Lee Jae Myung on Tuesday stressed the need to cut the time required for administrative procedures in building homes, calling for all-out efforts to boost housing supply.

The president made the call during a Cabinet meeting as runaway housing prices persist despite the government's efforts to cool the market.

"Stable housing is the foundation for practical improvements in people's lives," Lee said, citing a decline in housing construction permits and the supply of new land for real estate development over the past three years as reasons for disruptions in housing supply.

"In order to resolve the current problems in the real estate market, created by various factors that have accumulated over the years, consistent market management policies and large-scale housing supply measures should be implemented promptly," he added.

Lee instructed officials to make all-out efforts to boost housing supply by cutting the time needed to prepare land for development and granting administrative permits for house construction as quickly as possible, "without being constrained by customary practices and procedures."

"I ask you to make all-out efforts with the determination that the success of administrative management depends on stabilizing the housing (market)," he noted.

President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on Oct. 20, 2026. (Yonhap)

Additionally, the president called for a comprehensive overhaul of the country's public safety functions, including policing, firefighting and disaster prevention, saying thorough protection measures are needed not only for the public but also for those working in such fields.

"Administrative capacities should be focused on building a nation that safeguards the lives of its people and protects their everyday lives," the president said, instructing officials to conduct thorough safety checks of facilities that draw crowds, bridges and other key public structures.

The president also highlighted that the Serious Crime Investigation Agency (SCIA) should focus on ensuring impartiality in its investigation, particularly into crimes that harm people's lives, such as corruption and offenses involving stocks and financial matters.

He directed the instruction at Kim Ji-yong, the inaugural SCIA chief who attended the Cabinet meeting for the first time, urging him to carry out his duties promptly and sternly to allay public worries over prosecution reform and help maintain a fair social order.

The SCIA was launched earlier this month to investigate serious crimes as part of the Lee administration's prosecution reform, which removed investigative authority from the prosecution service, leaving it responsible only for indictments and their maintenance.

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(LEAD) Lee calls for all-out efforts to boost housing supply

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（注意：最后5段更新了总统的讲话内容；添加了照片）

首尔，10月20日（韩联社）——韩国总统李在明周二强调，需要缩短房屋建设的行政审批时间，并呼吁全力以赴提高住房供应量。

尽管政府努力为市场降温，但房价仍持续飙升，总统在内阁会议上发出这一呼吁。

李说：“稳定的住房是改善人们生活的基础。”他指出，过去三年住房建设许可证的减少和房地产开发用地供应的减少是造成住房供应中断的原因。

他补充说：“为了解决当前房地产市场由多年积累的各种因素造成的问题，应立即实施连贯的市场管理政策和大规模住房供应措施。”