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South Korean President Lee Jae Myung Cites Japan's Property Crash Amid Housing Market Concerns
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Real estate·24.7.2026KI-Zusammenfassung

South Korean President Lee Jae Myung Cites Japan's Property Crash Amid Housing Market Concerns

South Korean President Lee Jae Myung expressed concerns about the country's real estate market, comparing it to Japan's 1990s property crash, as he plans tax revisions. Economists, however, largely downplay immediate bubble burst risks, citing tight lending and regional price variations, while acknowledging some shared financial characteristics with Japan.

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CNBC
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