It comes down to real estate: Housing concerns earn Oh fifth-term victory
Seoul Mayor Oh Se-hoon secured a historic fifth term Wednesday in one of the closest and most-watched races of South Korea's local elections, with some analysts pointing to housing concerns and property values as decisive factors behind his narrow victory.
The conservative People Power Party candidate won 49.15 percent of the vote, edging out Democratic Party of Korea challenger Chong Won-o, who garnered 48.13 percent.
The result defied preelection surveys and exit polls that had largely suggest
South Korea Local Elections Conclude
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- South Koreans line up early for local election voting UPI —
- Election watchdog says ballot shortage not grounds for revote or postponement The Korea Herald —
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- Election watchdog rules out postponing election, revote after ballot shortage in Seoul The Korea Herald —