Yonhap Infomax NewsSouth Korea’s financial regulator defended a new 600 million won mortgage cap, saying restrictions are needed for high-priced home buyers, while noting limited impact outside Seoul and citing efforts to curb household debt ahead of tighter DSR rules.
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https://en.infomaxai.com/news/articleView.html?idxno=69969
#YonhapInfomax
#FinancialServicesCommission #MortgageCap #HighPricedHomes #HouseholdDebt #DSRRegulation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69969
'Mortgage Cap at 600 Million Won' Sparks Debate—Kim Byung-hwan Says 'Restrictions Needed for High-Priced Home Purchases'
South Korea’s financial regulator defended a new 600 million won mortgage cap, saying restrictions are needed for high-priced home buyers, while noting limited impact outside Seoul and citing efforts to curb household debt ahead of tighter DSR rules.