Politics · South Korea · 2 hrs ago
South Korea’s ruling party seeks fast passage of housing reform bill
South Korea’s Democratic Party plans to move quickly on a housing reform bill aimed at increasing supply in Seoul and the surrounding region.
The bill would amend the Urban and Residential Environment Improvement Act.
The party discussed the legislation at a meeting involving the Land, Infrastructure and Transport Ministry and lawmakers on the National Assembly’s land and transport committee.
The People Power Party is not expected to use a filibuster to delay the bill.
The proposed changes matter because they are intended to expand housing supply in the capital region.
The Democratic Party says it will seek to process the bill as quickly as possible.
South Korea’s ruling Democratic Party said it would seek to pass an amendment to the Urban and Residential Environment Improvement Act as quickly as possible.
The proposed amendment is aimed at expanding housing supply in Seoul and the surrounding metropolitan area.
The party said the People Power Party was unlikely to launch a filibuster.
A meeting between the Ministry of Land, Infrastructure and Transport and the National Assembly’s Land, Infrastructure and Transport Committee took place on October 28.
- Who
- South Korea’s ruling Democratic Party and the People Power Party.
- What
- The ruling party sought fast passage of an amendment to the Urban and Residential Environment Improvement Act. It said the opposition was unlikely to filibuster.
- When
- October 28, 2026.
- Where
- South Korea; the meeting took place at the National Assembly Members’ Office Building in Seoul.
- Why
- To expand housing supply in Seoul and the surrounding metropolitan area.
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- Bill
- Amendment to the Urban and Residential Environment Improvement Act
- Target area
- Seoul and the surrounding metropolitan area
- Date
- October 28, 2026
- Meeting venue
- National Assembly Members’ Office Building, Seoul
- Minister
- Hong Ji-seon, Minister of Land, Infrastructure and Transport