South Korea's President Lee Jae Myung Slammed for Selling Home with Generous Mortgage

South Korean President Lee Jae Myung faces criticism for selling his home and providing the buyer a generous mortgage, which opponents say undermines the spirit of his own housing policies. The transaction allowed the buyers to complete the purchase while postponing payment of 60% of the price. The controversy, reported by The Business Times Singapore on July 21, 2026, has sparked political backlash and accusations of hypocrisy against the president, who has championed housing affordability reforms.

First published Aug 4, 01:56 PM UTCUpdated Jul 21, 07:14 AM UTC1 reports · 1 sources

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Last updated: Jul 21, 07:14 AM UTCEditorial record as of Aug 4, 01:56 PM UTC

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South Korea's President Lee Jae Myung Slammed for Selling Home with Generous Mortgage

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South Korea's President Lee Jae Myung Slammed for Selling Home with Generous MortgageThe Business TimesRegionalJul 21, 07:14 AM UTC

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Lee Jae-myung South Korea