Housing Market · Real Estate
One story, 0 countries, 3 papers
This topic isn't active right now. Last covered May 10, 2026. See today's headlines.
President Lee Rejects 'Gap Investment' Claims on Housing Policy
President Lee Jae-myung has directly addressed and refuted recent media reports suggesting that the government's proposed policy change regarding land transactions would effectively permit 'gap investment,' a speculative practice where buyers purchase property with the intention of reselling it quickly for profit, often by leveraging rental income. The controversy stems from a plan by the Ministry…
Lithuanian real estate market stabilizes after peak activity, economist says
Lithuania's real estate market is showing signs of stabilization after a period of intense activity, according to economist T. Povilauskas. Speaking at an economic forecast presentation, Povilauskas n…
Minister Kim Hyun-mee: Current Government's Approach to Housing Market Differs Amid Tax Concerns
Minister of Land, Infrastructure, and Transport Kim Hyun-mee has directly tackled the anxieties surrounding the potential 'freeze' of housing inventory, a concern amplified by the recent reinstatement…
Heavy capital gains tax on multiple homeowners takes effect today; top rate of 82.5% for those with 3+ properties
The government's decision to reinstate the heavy capital gains tax on multiple homeowners marks a significant shift in real estate policy, ending a four-year period of temporary suspension. This measu…