South Korea's president commits to stabilizing housing market
South Korean President Lee Jae-myung announced that his government will take measures to stabilize the real estate market and eliminate speculation, aiming to curb illegal profits that threaten justice and national unity. He pointed out that the housing market exacerbates wealth inequality, household debt, and youth hardships, and that resources will only be effectively invested after resolving the real estate issue. The government will accelerate efforts to boost supply and provide support to those in need, while fairly reviewing the property tax system to align with the people's aspirations.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)