President Lee Jae-myung announced plans to tighten regulations and overhaul tax systems to prevent leveraged real estate speculation, emphasizing that property should be held for use rather than profit, while directing ministries to ensure swift execution of housing supply plans without loopholes.
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President Lee Vows to Tighten Regulations to Prevent Leveraged Real Estate Speculation

President Lee Jae-myung announced plans to tighten regulations and overhaul tax systems to prevent leveraged real estate speculation, emphasizing that property should be held for use rather than profit, while directing ministries to ensure swift execution of housing supply plans without loopholes.

Yonhap Infomax