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What housing problem remained unresolved during Moon Jae-In’s final year as president?
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Moon Jae-In
South Korea's 12th president, Moon Jae-In, 2017.
During Moon Jae-In’s final year as president, the most significant unresolved domestic issue was the state of South Korea's housing market. Soaring property prices and limited housing stock had made apartments in the Seoul metropolitan area unaffordable for many citizens. This ongoing housing crisis remained a critical point of contention throughout the 2022 presidential election campaign, which ultimately resulted in the narrow victory of conservative candidate Yoon Suk-Yeol.1