Real estate conspiracy theories: I have decided to believe them now.
[General Store] Becoming conservative if you own a home? Chosun Ilbo General Store: Becoming conservative if you own a home. In 2002, U.S. President George W. Bush, a member of the Republican Party, announced the "ownership society" policy. It was a housing version of the American Dream, aimed at allowing low-income earners to own their own homes. For non-homeowners to own a home...
There are even speculations in the market that "it's not that they can't control housing prices, but that they won't." This is a "conspiracy theory" suggesting that to achieve "20 years of leftist rule," it is beneficial to have many non-homeowners, and that rising housing prices expand the voter base through social polarization. One might wonder if that's really the case. Wouldn't these conspiracy theories disappear if real estate policymakers sold their own homes, moved into public rentals, and donated their capital gains to housing construction funds?
Real estate policymakers (Deputy Prime Minister for Economy, Policy Director) are living in Gangnam.
Seeing how the Policy Director gets agitated whenever the topic of rental housing for children comes up...
It seems the conspiracy theory might be true.
The conspiracy theory that they are intentionally driving up housing prices to foster social polarization and to "legitimize" non-homeowners...
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