President Lee Jae-myung Places 1.77 Billion Won Mortgage on Apartment Sold for 2.9 Billion Won: Why?

Submission Statement: This news is relevant to this sub because;

This impacts the housing policy and the people's reception to it in one of the most heated real estate markets in the area. As this paints the picture of hypocrisy while housing loans are limited for ordinary citizens, it will also be important to understanding the Korea discussion around housing and how to deal with demand.