real estate policy Archives

S. Korea to Extend Rental-related Loans for Tenants, Tax Incentives for Landlords

SEOUL, June 21 (Korea Bizwire) — The government on Tuesday vowed to relax regulations on loans and tax deductions for tenants and to extend tax benefits to landlords who raise rental fees at a minimum level in a move to help ease financial burdens on tenants and stabilize the housing market. Under the Yoon Suk-yeol [...]

Moon Gov’t Under Pressure to Entirely Review Real Estate Policy

SEOUL, June 29 (Korea Bizwire) — The Moon Jae-in government is coming under growing pressure to fundamentally review its real estate policy, as its 21 rounds of anti-speculation measures announced over the past three years appear to have largely failed to curb rising home prices in Seoul and other popular residential areas, critics said Monday. [...]