South Korea's Lee faces approval slump amid housing policy backlash

SEOUL — President Lee Jae-myung's approval rating has sunk to unprecedented lows, marking a sharp deterioration in public support as his administration moves into its second year in office. The downturn underscores growing frustration among South Koreans over the government's handling of major policy initiatives.

Housing has emerged as a particular flashpoint for public discontent. The issue, which remains a pressing concern for many households across the country, has become a focal point of criticism directed at the administration's policy approach and implementation.

The extended decline in presidential approval ratings typically signals broader challenges facing a government midway through its term. With Lee entering the second half of his five-year mandate, the administration faces pressure to address the policy concerns driving public dissatisfaction.

The housing sector, in particular, continues to be a critical barometer of public sentiment in South Korea. Rising costs and affordability challenges have kept the issue at the forefront of national discourse, amplifying scrutiny of government responses to the problem.