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South Korea Housing Policy Shift

2 countries ๐Ÿ‡ฐ๐Ÿ‡ท ๐Ÿ‡ธ๐Ÿ‡ฌ Energy & Infrastructure

6 articles from 2 countries

South Korea convenes a national forum on real estate policy to combat rising housing prices and market instability, aiming for an inclusive housing system. Prosecutors are intensifying efforts against real estate speculation and market manipulation nationwide. Meanwhile, soaring prices and dwindling winning chances have led to a significant drop in housing subscription account holders.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea/Korean

South Korea Eases Villa Construction Rules to Boost Housing Supply

- The South Korean government is easing regulations on multi-family and single-family homes (villas) to boost supply and stabilize the rental market. - Measures include increasing the maximum building height to four stories and expanding construction funding. - Experts believe this could help fill the gap before new apartments become available but caution that tax policies encouraging owner-occupaโ€ฆ