President Lee Jae-myung's approval rating rose to 56.5 percent last week, marking the third consecutive week of gains, according to a poll. The increase stems from government efforts to stabilize the property market. The negative assessment fell to 38.9 percent.
President Lee Jae-myung's approval rating climbed to 56.5 percent last week, up 0.7 percentage points from the prior week and marking the third straight week of increases. The negative assessment dipped 0.2 percentage points to 38.9 percent, according to a Realmeter survey commissioned by a local business news outlet. The poll targeted 1,009 adults from Monday to Friday last week, with a margin of error of plus or minus 2 percentage points at a 95 percent confidence level.
Realmeter linked the rise to the government's push to stabilize the property market, including ending an exemption from the heavy capital gains tax for owners of multiple homes and a rebound in the stock market. Lee has been vocal about curbing home prices amid ongoing efforts.
On Monday, Lee continued his critique of investment in multiple homes via his social media platform X. "It is clear that there are more negative effects than positive ones," he stated. "That is why the government needs to remove unfair preferential treatment in terms of tax, finance and regulations," he added. "Regarding social problems, we need to make them take social responsibility and bear their fair share of the burden to a certain degree, and that is in line with common sense."
In a series of recent social media posts, Lee has pledged to stabilize the housing market, noting that soaring home prices impose heavy burdens on young people and discourage marriage and childbirths. The survey reflects public response to these policies in Seoul.