Hong Ji-seon, nominee for Minister of Land, borrowed more than half when buying a 1 billion won apartment

It was found that Hong Jiseon, the nominee for Minister of Land, Infrastructure and Transport, borrowed funds amounting to more than half of the total purchase price when buying an apartment in Sindorim Taeyoung Town, Gurogu, Seoul, for 1.005 billion won last year. According to the confirmation hearing materials submitted to the National Assembly on the 4th, the nominee's spouse borrowed 170 million won from her motherinlaw the day before the down payment was due, and Hong himself received a housing loan of 367 million won from NongHyup Bank on the day the balance payment was due. The total amount borrowed in the course of purchasing the home was 537 million won. It was confirmed that the nominee and his spouse do not own any other real estate besides the apartment. Hong's National Assembly confirmation hearing is scheduled to be held on the 16th.