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S. Korea to Add 132,000 Housing Units in Greater Seoul Area to Stabilize Home Prices

S. Korea to Add 132,000 Housing Units in Greater Seoul Area to Stabilize Home Prices

SEOUL, Aug. 4 (Korea Bizwire) — South Korea plans to supply 132,000 housing units in Seoul and its neighboring area, in the latest effort to stabilize home prices and ease fears of shortages, Finance Minister Hong Nam-ki said Tuesday. The government will ease some construction rules, allowing redevelopment projects of aging apartment buildings to increase [...]