More than 6,000 rental fraud victim homes acquired, recognition of 37,000 victims
The Korea Land and Housing Corporation has acquired over 6,000 homes affected by rental fraud, with a total of 37,000 victims recognized under the rental fraud victim law.
Rental Fees for New Shinkansen Lines: Government Contemplates Increase, JR Companies Stand Against It, Expressing Concern Over Increased Burden
JR companies are opposing the Ministry of Land, Infrastructure, Transport and Tourism's plans to review and potentially increase rental fees for the use of New Shinkansen lines, fearing an increased financial burden.
How to Delay Transfer Tax on Rental Housing?…Government Struggles to Find a Solution
The South Korean government is exploring options to create a temporary relief strategy for multiple property holders regarding transfer taxes, potentially affecting rental housing transactions.
The number of purchased rental fraud victim houses exceeds 5,000... 36,000 victims recognized
As of January 27, the Korea Land and Housing Corporation has purchased over 5,889 houses affected by rental fraud, with a total of 36,000 victims officially recognized under the newly established Rental Fraud Victim Law.
Fearing Neighbor Wars Over Renting Land Next to Apartments
A local council member raised concerns about the implications of renting land near an apartment complex, fearing it may violate the interests of other residents and create negative precedents.