Jubilee Together 희년함께

"You cannot ignore your neighbor's cross and expect the one around your neck to shine."

A previous UBI pilot in the nation's largest province boosted local business revenues by 45%.

South Korea launched basic income in rural counties across the nation to boost local businesses and the economy, paying the equivalent of 5% of median wages

'Kim Pan-jong, who runs a tomato juice business, said he expanded into local retail after previously selling only online. "We expect more customers from within the region"'

'For residents like Kim Ki-jun, who runs a barbecue restaurant and supports a family of five, the payments represent both financial relief and a sign of renewed possibility. "If more people move here, it could bring new customers," he said. "That would make a real difference."'

A previous UBI pilot in the nation's largest province boosted local business revenues by 45%.

🫰

"While those without a single home of their own overflow, you sweep up houses and land, calling it 'investment.' That seamless, relentless greed is the very root of poverty. Do not seek to possess all the land and houses for yourselves alone. Remember the command of the 'Jubilee': 'The land is mine; let everyone find rest in their own land and their own home.' To follow this is the path to correcting a justice that has been fundamentally violated."

🔥 A world where house prices rise faster than hard-earned wages is simply not normal.

What we call hitting the "real estate jackpot" is, in reality, 'unearned income' built on someone else's debt and tears. Superficial measures like tweaking mortgage rules or marginally increasing housing supply will never defeat this monster of speculation.

💡 The answer is incredibly simple.
Why do concert ticket scalpers still exist? Because it remains profitable even after paying the fine. Real estate speculation works exactly the same way.

We just need to tax the exact amount of the 'profit gained from just holding onto a property'. A robust Holding Tax (Land Value Tax) is the ultimate solution. If we reduce speculative profits to absolute zero, the incentive to hoard empty houses while waiting for prices to rise completely vanishes.

Ultimately, the market will only be left with people who need a "home to actually live in," leading to stabilized housing prices. What’s more, if the tax revenue collected is returned to the people as a Basic Income? 9 out of 10 citizens would receive far more in benefits than they pay in taxes. The fearmongering about a 'tax bomb' is a complete myth.

A world where a house is no longer a speculative chip in a wealth-building game, but a true 'home.'

https://cafe.daum.net/landpolicy/VrbQ/147?svc=cafeapi&fbclid=IwY2xjawQUboZleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEe1lW36ltnHnhH4XFoBeAOHN-7J6dSC-L2Jh_3JsAQPOaxxlW4lrvwfIkmBs8_aem_U-V-tQLNJqKn09WqKWFpMg

This statement by President Lee Jae-myung serves as a strong warning about the destructive consequences of failing to control the runaway real estate market. The phrase 'lost 30 years' draws a stark parallel to Japan's prolonged economic stagnation, implying that unbridled real estate speculation could inflict severe and long-lasting damage on the national economy and social stability. It underscores the urgent necessity for robust land justice and policy interventions to prevent irreversible economic polarization and safeguard the nation's future well-being.

🟢South Korea is Lighting a "Green Light" for the World: A New Social Contract 🇰🇷

Based on the insightful article "South Korea’s UBI President is a Green Light for the Rest of Us," we've broken down the visionary 'Basic Society' model into a 10-slide series.

This innovative approach suggests that land, technology, and natural environments shouldn't be monopolized by a few. Instead, they should be treated as our "Common Wealth"—shared assets that benefit everyone.

✨ Key Highlights from the Cards:

🌱 Land Value Tax (LVT) & UBI: Curbing real estate speculation and lowering housing costs while using the revenue to fund a Universal Basic Income.

☀️ Dividends from Nature: Taking surplus revenue from public solar and wind projects and paying it directly to local residents as a monthly pension.

🤖 AI & Shorter Workweeks: Translating AI-driven productivity gains into a better quality of life and shorter hours, starting with a 4.5-day workweek.

🤝 Modern Hongik Ingan: Combining UBI and Guaranteed Basic Income (GBI) to realize Korea's founding philosophy: "to broadly benefit the human world."

The fruits of economic progress must be shared, not extracted. Swipe through the cards to explore this blueprint for a future of freedom and abundance! 👉👉

🔗 Source Article:

Title: South Korea’s UBI President is a Green Light for the Rest of Us

Author: Ken Yang (March 2, 2026)

Link: https://www.ubiworks.ca/blog/south-koreas-ubi-president?fbclid=IwY2xjawQTxvpleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEerbmCJGz3vUy-cAXOJJ3V4m5sbJOs__iM0tSsHX_YVTXdwRUrM_8QpRVbu7o_aem_d4enqFBDSaUcSSeUGW-3Qg