Democratic presidential primary candidate Lee Jae-myung said, "It was because of the unexpected real estate surge" in response to criticism that Hwacheon Daeyu, the operator of the Seongnam City Daejang District, made a huge profit.

Governor Lee posted on Facebook in the afternoon of the 22nd, saying, "The profit (private business operator), which was estimated at 180 billion won by investing 1.5 trillion won, has increased to 400 billion won."

In a Facebook post on the previous day, the governor said to Lee Nak-yeon, a rival within the party who raised suspicions about the Daejang District, "I don't think that's what the person who made the estimated development profit more than doubled due to the soaring house price because of the wrong real estate policy would say something." I have raised the theory of responsibility for the explosion.

Then, looking back at the time of project promotion, he said, "Complete public return of development profits was blocked by the opposition of the people, and it was not possible to allow private development as they intended," he said. We have recovered billions of won,” he said.

Governor Lee said, "I am grateful to the Chosun Ilbo, the power of the people, and the construction forces." They accuse them of not recovering 100% of the public development profits. will not be able to,” he pointed out.

He continued, "We are now able to introduce the 'National Redemption System for Development Profits', in which all profits are returned to the public by making public redemption compulsory, creating a dedicated national institution, and fundamentally preventing speculation.""In the next democratic government, the monopoly on development profits will disappear completely," he said.

(Photo=Lee Jae-myung Facebook capture, Yonhap News)