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Lee Administration Signals End to Automatic Tax Breaks for Multi-Home Owners

Lee Administration Signals End to Automatic Tax Breaks for Multi-Home Owners

SEOUL, Jan. 26 (Korea Bizwire) — President Lee Jae Myung’s decision not to automatically extend a temporary tax break for owners of multiple homes reflects an effort to restore policy normalcy and curb speculative investment in the housing market, a senior presidential aide said Monday, as opposition from property owners continues to mount. Lee Kyu-yeon, the [...]