Lee Jae Myung
President Lee Jae-myung arrives for first day at restored Cheong Wa Dae
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President Lee Jae-myung arrived at Cheong Wa Dae on December 29, 2025, for his first official workday following the presidential office's relocation back to the historic compound—a move first announced last week. A presidential flag with two phoenixes was raised at midnight, and Lee met senior aides before planning a visit to the National Crisis Management Center.
President Lee Jae Myung has urged multiple home owners to sell via social media, labeling real estate speculation as leading to 'national ruin.' The government is considering ending the grace period for punitive capital gains taxes on May 9, while housing supply plans face delays. Experts argue that legislation and follow-up measures matter more than harsh rhetoric.