South Korea's tax system has fueled a surge in demand for high-value single homes in Seoul, distorting the market and deepening regional imbalances, as policymakers face calls for structural reform to stabilize housing prices.
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[Real Estate Doomsday Theory③] Distorted Tax Policy Fuels the 'Smart Single Home' Phenomenon

South Korea's tax system has fueled a surge in demand for high-value single homes in Seoul, distorting the market and deepening regional imbalances, as policymakers face calls for structural reform to stabilize housing prices.

Yonhap Infomax