S. Korea to Raise State-set Home Prices for ‘Fair’ Taxation

SEOUL, Nov. 3 (Korea Bizwire) — South Korea will raise government-set home prices for all types of real estate, including apartments and land, to up to 90 percent of their market prices in the next 10-15 years, the transport ministry said Tuesday. The government commissioned the Korea Research Institute for Human Settlements (KRIHS) in February [...]