Don't invest in domestic stocks.

Don't invest in domestic stocks.

The reason for the opposition's landslide victory in the April 10 general elections was the worst real estate recession in 20 years.

Since 2020, the Moon Jae In government has curbed bank loans in addition to the transaction, tax, and financial regulations it has implemented to curb the rise in real estate prices due to soaring housing prices. However, in the 180-seat situation, the Yoon administration was unable to lift regulations requiring a revision of the law, and the real estate market was virtually paralyzed as the data show, as the Moon Jae In kept the currency tight on the principle of not responding to the economic slump of Bank of Korea President Lee Chang-yong, who was appointed 20 days before his term in office. This is because the people who felt this downturn responded to the slogan of the government trial as the domestic economy continued to contract sharply.

However, in order for the economy to recover, legal regulations that currently prevent real estate investment and transactions must be lifted, but the 180-seat situation has lifted real estate regulations and the real estate market recovery based on the market principles expected by the Yoon Seok-yeol government seems to have gone up in smoke.

Therefore, the contraction of domestic demand due to the contraction of the real estate and construction economy will continue as long as the 22nd National Assembly opposes the revision of the law.

As housing supply does not become smooth, housing prices will rise for a long time in the future, especially after a steep surge in monthly rent prices, the situation in which lease prices follow rapidly begins.

Unless real estate regulations are lifted, it is difficult for the domestic economy to recover significantly. Don't invest in domestic stocks.

Now, the domestic economy shrinks amid rising prices, but governments that cannot receive legislative support from Congress have limited things to do. The fact that the government can do limited things when prices rise and the economy shrinks worldwide may mean that the worst environment will come for the common people.