Foreigners Face 40% Drop in Greater Seoul Home Transactions After 'Owner-Occupancy Requirement'
South Korea’s new owner-occupancy rule for foreign buyers triggered a 40% drop in Greater Seoul home transactions, with authorities set to tighten reporting and anti-speculation measures.
Minister of Land Kim Yun-deok and Seoul Mayor Oh Se-hoon to Meet on the 13th
South Korea's land minister and Seoul mayor will meet privately on November 13 to discuss housing supply measures, with both sides divided over recent real estate regulations and redevelopment authority.
South Korea's FSC Vice Chairman Lee Eo-kwon said the recent surge in credit loans for leveraged investing is not significant enough to impact overall household debt, as authorities monitor financial risks amid rising KOSPI and property prices.
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Lee Eo-kwon Says Surge in Credit Loans for 'Debt-Fueled Investing' Unlikely to Significantly Impact Household Debt
South Korea's FSC Vice Chairman Lee Eo-kwon said the recent surge in credit loans for leveraged investing is not significant enough to impact overall household debt, as authorities monitor financial risks amid rising KOSPI and property prices.
Reform Party Alleges Deliberate Exclusion of September Data—Plans Legal Action to Overturn October 15 Real Estate Measures
The Reform Party has accused the government of unlawfully expanding regulated real estate zones by excluding September housing price data, vowing legal action to overturn the October 15 policy.
South Korea unveiled sweeping real estate lending curbs ahead of the Bank of Korea's policy meeting, fueling debate over the likelihood of a dovish rate cut as policymakers weigh economic risks against housing market stability.
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Ultra-Strong Real Estate Measures Announced One Week Ahead of Monetary Policy Meeting—Will a 'Dovish' BOK Be Possible?
South Korea unveiled sweeping real estate lending curbs ahead of the Bank of Korea's policy meeting, fueling debate over the likelihood of a dovish rate cut as policymakers weigh economic risks against housing market stability.
[10·15 Measures] Government Deploys Full Regulatory Arsenal, Including Land Transaction Permit System, to Freeze Market
South Korea imposes sweeping new real estate regulations, including expanded Land Transaction Permit Zones and tighter lending, to curb surging property prices in Seoul and Gyeonggi Province.
South Korea’s Land Minister announced imminent expansion of real estate regulations amid surging property prices, while CEOs of five major builders apologized for recent serious industrial accidents and pledged stronger safety measures during a heated parliamentary audit.
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From Real Estate Regulations to Serious Industrial Accidents—National Assembly Land Committee Hearing Turns into Arena for Criticism
South Korea’s Land Minister announced imminent expansion of real estate regulations amid surging property prices, while CEOs of five major builders apologized for recent serious industrial accidents and pledged stronger safety measures during a heated parliamentary audit.
South Korea’s Land Minister Kim Yun Deok signaled that expanding real estate regulatory zones is inevitable, with new measures under review as the government prepares to announce additional property curbs this week.
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Land Minister Says Expansion of Real Estate Regulatory Zones 'Inevitable'—Review Underway
South Korea’s Land Minister Kim Yun Deok signaled that expanding real estate regulatory zones is inevitable, with new measures under review as the government prepares to announce additional property curbs this week.
Ando Geol, a Democratic Party lawmaker, dismissed the need for a third supplementary budget, urging that economic stimulus measures be fully reflected in next year’s main budget while emphasizing the importance of executing the current extra budget and addressing real estate market stability.
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Even as Aides Lose Weight and Suffer Nosebleeds, President Lee Says 'If Only There Were 30 Hours in a Day'
President Lee Jae-myung marked his first 30 days in office with a press conference addressing personnel controversies, defending civil service loyalty, and signaling tougher real estate regulations ahead.
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