[Editorial] President Lee says "Selling even a single speculative house is advantageous"; the 'one good house' phenomenon needs to be normalized this time
President Lee Jae-myung announced plans for tax reforms targeting high-value single homeowners and reiterated a crackdown on multiple homeowners to address soaring real estate prices in Seoul.
Sales of Single-House Owners Rise Regardless of Heavy Taxation
In response to the impending expiration of the capital gains tax exemption for multiple homeowners in South Korea, single-house owners are increasingly listing their properties for sale to avoid the anticipated rise in property tax burdens.
Financial Services Commission reviews LTV 0% for mortgage renewals for multiple homeowners
The Financial Services Commission in South Korea is considering applying a zero loan-to-value ratio to mortgage extensions for multiple homeowners, amid ongoing concerns expressed by President Lee Jae-myung about the lending practices.
President Yoon: Strengthening Regulations on Multiple Homeowners Will Lead to Rent Increases? ... A Miracle Logic
President Yoon criticized claims that tightening regulations on multiple homeowners would increase rental prices, calling it a 'miracle logic'.
Increase in 'tax-saving properties' leads to three consecutive weeks of slowdown in Seoul apartment prices
Seoul's apartment price growth has decelerated for three consecutive weeks as 'tax-saving properties' increase ahead of a tax reimposition for multiple homeowners in May.
President Yoon directs Cabinet to review loan extension regulations for existing multiple homeowners
President Yoon has instructed his Cabinet and secretariat to assess regulatory measures regarding loan extensions for existing multiple homeowners, emphasizing fairness in financial policies.
Jang Dong-hyuk expresses concern for his elderly mother: 'I have an apartment, so I'll take her there'
Jang Dong-hyuk, leader of the People Power Party, faced criticism for using his 95-year-old mother's comments during a debate with President Yoon Suk-yeol regarding regulations on multiple homeowners.
Apartment Listings in Seoul Increase by 4% During Lunar New Year Holiday... Did President Lee's 'Warning' Work?
During the Lunar New Year holiday, apartment listings in Seoul increased by nearly 4%, suggesting a surge in sales as the government reinstates capital gains tax on multiple homeowners.
President Yoon targets Jang Dong-hyuk: 'Criticism should be directed at politicians, not multiple homeowners'
President Yoon criticized the narrative surrounding multiple homeowners, asserting that the focus should be on politicians who create flawed policies rather than on the homeowners themselves.
‘Six Houses’ Jang Dong-hyuk, in Response to Lee Jae-myung’s Question ‘Should We Maintain Benefits for Multiple Homeowners?’ Says ‘The Disobedient Will Weep’
Jang Dong-hyuk of the People Power Party criticized President Lee Jae-myung's comments on multiple homeowners, citing concerns raised by his elderly mother regarding property ownership.
President Yoon aims at real estate sentiment ahead of the Lunar New Year: 'No more benefits for speculative multi-homeowners'
President Yoon Seok-yeol is preparing to limit financial benefits for homeowners with multiple properties as he addresses public concern over real estate speculation ahead of the Lunar New Year holidays.
Financial Sector Considers Recapturing Loans for Housing Rental Businesses After President Yoon's Strong Stance on Multiple Homeowners
The South Korean financial sector is interpreting President Yoon's remarks about limiting loan extensions for multiple homeowners as a potential targeting of housing rental business loans.
President Yoon: Success of Multiple Homeowners Means the Failure of This Government's Real Estate Policy
President Yoon Jae-myung stated that the success of multiple homeowners in taking advantage of favorable capital gains tax exemptions signifies a failure of his government's real estate policies.
President Yoon: Is it fair to extend loans to homeowners who persist despite given opportunities?
President Yoon criticized financial benefits for multiple homeowners who resist selling, emphasizing fairness in handling existing loans amid housing market stabilization efforts.
Transfer Tax Heavy on Multiple Homeowners, Deadline for Contracts Until May 9 Extended... Exempting Pre-contracts
The transfer tax relief for multiple homeowners will end on May 9, but certain extensions apply to those purchasing housing with tenants until the lease ends.
To Prevent the ‘Housing Price Surge Season 3’ of the Progressive Government
The article discusses the pressure from President Lee Jae-myung's administration on multiple-homeowners in Seoul's Gangnam area amidst rising apartment prices, highlighting both successes and ongoing challenges in the real estate market.
Microscopic adjustments to the real estate tax for multiple homeowners... How much will inventory increase?
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.
Warning to single-family home residents: Don’t make this mistake – Several incidents already this winter
The Finnish Rescue Services Central Organization warns single-family homeowners against thawing frozen pipes themselves, citing multiple incidents this winter that resulted in serious damages and fires.
President Lee's Approval Rating at 55.8%..."Effects of Real Estate Regulation on Multiple Homeowners" [Realmeter]
President Lee Jae-myung's approval rating rose to 55.8%, attributed to effective regulation of real estate speculation and economic recovery measures.
Housing listings in Seoul have increased, but buyers are on the watch due to real estate policy changes
In Seoul, housing listings are rising as the deadline for the tax exemption for multiple homeowners approaches, yet potential buyers are hesitant and waiting for clearer government policies.
'The Five Failures of Real Estate' Is Still Under Attack Today, What Is the 'Devil' Mentioned by Lee Jae-myung?
The article discusses the South Korean government's decision to end the exemption on the capital gains tax for multiple homeowners, highlighting the political implications and criticisms surrounding it.
'End of exemption on capital gains tax for multiple homeowners'... 61% positive, 27% negative
A recent survey shows that 61% of respondents support South Korean President Lee Jae-myung's decision to end the exemption on capital gains tax for multiple homeowners, with strong approval among those in their 40s to 60s.
Restrictions on Sale of Rented Properties - How Will the Government Respond?
The government plans to end the temporary suspension of heavy taxes on multiple homeowners by May 9, while also considering additional support measures for properties where tenants cannot be evicted prior to the lease expiration.
President Yoon: Citizens Suffering from Rising House Prices Should Be Prioritized Over Multiple Homeowners
President Yoon emphasized that the needs of citizens struggling with soaring housing prices should take precedence over those of multiple homeowners benefiting from tax delays, reaffirming his commitment to end exemptions on capital gains tax for multiple home owners.
Multiple Homeowners' Capital Gains Tax Increase 'Allows Time for Registration and Payments'... Market Says 'Inventory May Increase'
The government plans to end the capital gains tax increase on multiple homeowners while allowing a grace period of 3 to 6 months for transactions finalized by May 9, aiming to stabilize the market and increase inventory.