COGNICURRENT

The South Korean government and Seoul city are in dispute over the timeline for increasing housing supply in the Yongsan International Business District, with the city predicting a two-year delay while the government claims an extension of only 6-8 months is needed.

The apartment market in Seoul's Gangnam area has shifted to favor buyers as housing prices start to decline, due to increasing supply and buyer hesitance amid upcoming tax changes.

Demand for housing in Marseille is rising due to increasing demographics, but supply has not kept pace, leading to heightened tensions in the real estate market.

Apartment prices in Tallinn are unexpectedly increasing, contrary to expectations of decline, driven by reduced supply and increased transactions.

Incheon City has announced an increase in the supply of 'Thousand Won Housing' through rental purchases, raising the total from 500 to 700 units compared to the previous year.

The article critiques the prevalent belief that increasing housing supply alone can stabilize property prices in South Korea, arguing that multi-home ownership undermines these efforts.

Katie Hobbs, the Governor of Arizona, celebrates the rapid approval of a groundwater conservation program aimed at ensuring sustainable water supply for urban growth in the state.

President Yoon has instructed to expedite the development of public housing sites in the metropolitan area, including the third new towns, emphasizing the need for efficient progress.

Former RBA governor Bernie Fraser advocates for the removal of the capital gains tax discount during a parliamentary hearing focused on housing supply and inequality.

Ramon Rask discusses the need for regulatory measures to tackle the housing crisis in Estonia by controlling short-term rentals and increasing affordable housing supply.

Former Liberal MP Keith Wolahan suggests capping negative gearing to benefit first home buyers and increase housing supply.

The rental market in Poland experiences a seasonal increase in housing supply, though demand is expected to remain low until spring.

The Danish Social Democrats have decided not to change the existing property tax agreement, focusing instead on increasing housing supply to address rising property prices.

The Social Democrats in Denmark, led by Finance Minister Nicolai Wammen, announced that they will not implement new housing taxes or a tax on housing gains, opting instead to focus on increasing housing supply to combat rising prices.

The Social Democrats have definitively stated that they will not change the current housing taxes or introduce a tax on housing gains, focusing instead on increasing the supply of housing.

Residents of a large housing complex in Harlem, New York, have been without showers for almost a month due to bacterial contamination in their water supply.

Tony Blamey, the new head of Fotocasa, emphasizes that algorithms do not affect housing prices in Spain, which faces a serious supply issue.

Alpha Bank proposes five targeted measures to increase housing supply and tackle the housing crisis in Greece, highlighting challenges such as aging residential stock and vacant homes.

Ahmedabad has emerged as a new 'Tier-1' city in India due to rising demand and robust supply in the real estate market, surpassing its previous classification as a 'Tier-2' city.

The Polish housing market is experiencing significant segmentation, with varying dynamics in different cities affecting supply and demand.

The Polish housing market is expected to remain favorable for buyers in 2026, with ongoing negotiations on price due to a large supply of properties, though various regulatory changes may put upward pressure on prices.

South Korean President Lee Jae-myung is advocating for reforms in real estate taxation aimed at increasing property supply from multiple homeowners, addressing previous policies that hindered market liquidity.

Rental affordability in Australia has reached a record low as rents have increased significantly more than wages over the past five years.

President Yoon Suk-yeol is proposing to reduce the capital gains tax exemptions for registered rental housing providers to encourage them to supply more houses to the market as rental obligations expire.

President William Ruto announced a Sh220 billion initiative to enhance housing, water supply, and road infrastructure in Nairobi, emphasizing its importance for Kenya's national transformation.

The South Korean government plans to revise noise measurement regulations and distance criteria for housing construction to expedite housing supply.

The relocation of the Gyeonggi Racecourse has sparked fierce competition among local governments in South Korea, with many vying to host the facility amid local opposition to the government's real estate supply plan.

Seoul Mayor Oh Se-hoon and MP Kwon Young-se voiced opposition to the government's plan to supply 10,000 housing units in the Yongsan International Business District, arguing for a more limited housing supply to maintain the area's international business functions.

Juan Bravo, the deputy secretary of Finance, Housing and Infrastructure of the PP, emphasizes that housing is the main problem facing Spaniards and advocates for a shift in public policies to increase supply and reduce the tax burden.

Minister Kim Yoon-deok announced plans to include spacious housing for the middle class in the '60,000 housing supply' initiative within transit areas in Seoul.

Lagos' residential market is facing a significant housing deficit of over 2.7 million units, with only 34,800 units in the development pipeline according to a report by Estate Intel.

The Ministry of Social Rights, Consumption, and Agenda 2030 has launched an investigation into rental ads that may violate regulations in 'pressured areas' where housing demand exceeds supply and prices are regulated.

The mayors of Madrid and Barcelona, José Luis Martínez Almeida and Jaume Collboni, presented their differing housing policies at a Senate housing committee session, highlighting the need for increased supply despite their contrasting approaches.

New York City Mayor Zohran Mamdani's affordability-focused policies, which include free transportation and rent freezes, are criticized for potentially leading to overcrowding, fraud, and not addressing housing supply issues.

Seventy-two families in Estepona are unable to move into their newly built homes because of an electricity supply issue, leading some to face extreme circumstances.

Real estate prices in Spain are expected to reach new highs in 2026 as demand continues to outstrip slow-growing supply and numerous rental contracts from 2021 are set to expire.

In Spain, the rising population and an increasing number of single-person households have led to a demand for housing that surpasses supply, resulting in skyrocketing prices in various cities, particularly León, Ciudad Real, and Guadalajara.

The rising cost of housing is expected to continue this year with new price increases anticipated for 2026, exacerbating the national housing crisis due to a lack of supply.

The Spanish government's housing law and official interventionism have worsened the housing crisis, creating high demand, low supply, and skyrocketing prices.

Major housing conflicts in 2025 will involve issues from security deposits to ex-partners occupying homes, with buyers, sellers, tenants, landlords, and community associations experiencing high tension due to rising prices and limited supply.