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President Lee Jae Myung Reaffirms Property Tax Hike, Seeks Consensus to Stabilize Real Estate Market
En desarrollo
Real estate·hace 9 horasResumen IA

President Lee Jae Myung Reaffirms Property Tax Hike, Seeks Consensus to Stabilize Real Estate Market

President Lee Jae Myung reaffirmed the need to raise property holding taxes to normalize South Korea's soaring real estate market, stating broad consensus exists but a compromise is needed on the extent of the increase. He warned against asset accumulation through multiple homes and expressed concern over high real estate investment levels.

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Yonhap News
2 min de lectura
President Lee Jae Myung Pledges Property Market Stabilization and Anti-Speculation Measures
En desarrollo
Política·anteayerResumen IA

President Lee Jae Myung Pledges Property Market Stabilization and Anti-Speculation Measures

President Lee Jae Myung announced that the government will implement various supply and demand measures to stabilize the property market and eliminate speculative behavior, which he blamed for exacerbating inequality and undermining national unity. He also stated plans to revise the property tax system and lead a policy debate on Thursday.

Y
Yonhap News
1 min de lectura