Seoul Mayor Oh Se-hoon receives flower bouquets after his winning in the local elections on June 4. [JOINT PRESS CORPS]
Incumbent Seoul Mayor Oh Se-hoon secured his fifth term in the June 3 local elections, with surging home prices appearing to have played a pivotal role in his win.
Oh drew strong support from districts that recorded the largest gains in apartment values
. It helped him overcome
factors that had favored the Democratic Party (DP), including the government's campaign to hold alleged insurrection forces accountable, high approval ratings for the administration and a booming stock market.
