Balanced Development Requires Bold Real Estate Policies
The article discusses the structural challenges of real estate and population disparity in South Korea, emphasizing the need for significant policy changes to achieve balanced regional development.
When 'Timing' Becomes Policy [Hankyoreh Prism]
President Lee Jae-myung's recent decision to sell his apartment is seen as an extension of his previous stance on addressing the issue of multiple homeownership, raising hopes for broader changes in South Korea's real estate policy.
Turning point for construction: This will take time
Construction permits in Germany have risen by over ten percent, yet substantial changes in urban housing availability are still needed.
Kyungsilnyeon: "Apgujeong Hyundai, 10-Year Profit of 10.2 Billion with 700 Million Tax" Simulation Analysis
The Citizens' Coalition for Economic Justice (Kyungsilnyeon) analyzed how the long-term holding deduction policy in South Korea encourages real estate speculation in Gangnam.
President Yoon says he will learn a lot from Singapore’s real estate policies
President Yoon expresses his intent to learn from Singapore's successful real estate policies during a visit with Singaporean President Tharman Shanmugaratnam.
President Yoon: 'Buying and selling houses is free, but the government determines profit and loss'
President Yoon expresses that while buying and selling homes is an individual's freedom, the government will dictate whether those transactions lead to profit or loss.
President Yoon targets non-resident homeowners, foreseeing stricter tax and financial regulations
President Yoon Jae-myung expressed intentions to create conditions favoring sales over retention for investors and speculators owning one home for non-residential purposes.
Hong Jun-pyo supports President Yoon's real estate policy, stating that money from real estate will raise the KOSPI
Former Daegu Mayor Hong Jun-pyo expressed support for President Yoon's real estate policies, suggesting that money invested in real estate could positively impact the stock market in South Korea.
President Yoon's approval rating at 64%... Positive evaluation of real estate policy [Gallup]
President Yoon's approval rating stands at 64%, according to a recent Gallup survey, with positive evaluations largely linked to his economic and real estate policies.
President Yoon: Selling one house for investment and speculation will be more advantageous... Restricting investment and speculation
President Yoon Suk-yeol announced intentions to create conditions making it more advantageous for multi-homeowners and single-homeowners not living in their properties to sell rather than hold onto their homes, aiming to confine investment and speculation in the housing market.
President Yoon: It will be more advantageous for even single homeowners for investment and speculation to sell rather than hold.
President Yoon has proposed policies aimed at making it more beneficial for single homeowners who are engaged in investment or speculation to sell their properties instead of holding onto them.
Will Real Estate Funds, Into Which Ordinary People Invest, Be Allowed in the State Rental Housing Scheme?
The Slovak government has relaxed criteria for selecting investment partners in the state-supported rental housing scheme, allowing collective investment funds to participate.
Lee Heon-wook Takes Office as the New Head of the Korea Real Estate Agency
Lee Heon-wook has been appointed as the new head of the Korea Real Estate Agency, emphasizing the importance of real estate in societal development and pledging to enhance the agency's role.
President Yoon: Money Stuck in Real Estate Flowing Positively... Jeong Cheong-rae: National Normalization Leads to Stock Market Normalization
The leaders emphasized the recent rise in South Korea's stock market and the positive implications of redeployed real estate funds during a press briefing.
After Multi-Property Regulation, Treatment for the Educational Challenge
The article discusses the need for President Lee Jae-myung to address the educational crisis in South Korea following his firm stance on real estate policy reforms.
President Yoon: "Even fields in mountain valleys cost 200,000 to 300,000 won... expanding the target of real estate speculation"
President Yoon has directed the government to prepare measures to address the issue of expensive farmland, stating that real estate speculation targets must be expanded from housing to agricultural land.
Last year's local tax revenue reaches 121 trillion, the largest ever... the share of total taxes remains at 24.4%
Local tax revenue in South Korea reached a record high of 121 trillion won last year, but its proportion of total tax revenue remains relatively low at 24.4%.
Under Pressure on Multiple Homes... Calls for Tax Benefits to Be Given Only for Primary Residences
Experts argue that tax benefits for property owners should be strictly limited to primary residences, as the current system exacerbates inequalities in the housing market.
Editorial: One tax cut could boost housing sales – the government refuses to accept it
The Finnish real estate market has stagnated for years, with sales declining and long waiting times for transactions, prompting discussions about removing the transfer tax to revitalize the sector.
To succeed in social policy structural reform in the ‘AI era’
Experts express concern about when the government will reveal its social vision and policies, particularly in light of challenges in the real estate and stock markets.
Real Estate: Two French Banks Have Started a Significant Decrease in Their Loan Rates
Two major French banks have significantly reduced their mortgage rates following the adoption of the budget, aiming to ease the financial burden for potential homebuyers.
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.
Jung Cheong-rae, 'Unfilial Son Jang Dong-hyuk' Says 'Don't Cry, Study Instead'
Democratic Party leader Jung Cheong-rae criticized People's Power leader Jang Dong-hyuk for his emotional responses in the ongoing real estate debate with President Lee Jae-myung, advising him to focus on studying policy instead.
Lars Løkke: Tax large profits from housing sales
Lars Løkke advocates for taxing substantial profits from real estate sales in Denmark.
[Editorial] Real Estate Policy Distortions by Jang Dong-hyuk, Are the People Foolish?
The article critiques the criticisms made by Jang Dong-hyuk regarding President Lee Jae-myung's real estate policies and highlights the misleading nature of those criticisms.
Lee Jae-myung asks "Do you believe that privileges should be maintained for multi-homeowners?" directed at Jang Dong-hyuk
South Korean President Lee Jae-myung questions the ruling party leader's stance on multi-home ownership and privileges amid ongoing housing issues.
President Lee says he never forced the sale of multi-housing properties and cannot understand criticisms of his changed statements
President Lee Jae-myung reiterated that he has never forced the sale of multi-housing properties amid criticism that he changed his statements.
President Yoon: 'I don’t force people to sell their homes... I will continue efforts to normalize the market'
President Yoon has clarified that he does not intend to force homeowners to sell their properties but is focused on normalizing the real estate market in South Korea.
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.
President Yoon's Approval Rating Reaches 63%, Highest of the New Year, Influenced by Economy and Real Estate Policy
A recent Gallup survey shows South Korean President Yoon Suk-yeol's approval rating at 63%, marking its highest point since November 2022, largely attributed to his economic and real estate policies.
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.
'Mandatory 2-Year Residency' Reduces Foreign Home Purchases in Seoul by Half
The introduction of a mandatory two-year residency requirement for foreign homebuyers has led to a significant decrease in foreign real estate transactions in Seoul.
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.
Rent: Real Estate Industry Rejects Hubig's Plans for Tenant Protection
The real estate industry in Germany, represented by ZIA, opposes new tenant protection laws proposed by Justice Minister Stefanie Hubig, arguing they could further deter investment in the housing market.
Former President Moon Jae-in Acknowledges Failure of Real Estate Policy... Mentions 'A Painful Finger' Again
Former South Korean President Moon Jae-in admitted to the failure of his administration's real estate policies during a discussion on a YouTube channel.
Koo Yoon-cheol: Maximum 2-Year Residency Exception for Multi-Household Owners with Tenants... President Yoon says 'Let's go in'
The South Korean government is set to allow exemptions from the residency requirement for up to two years for buyers of multi-household properties with tenants, ahead of the end of a tax deferment on properties.
President Yoon: 42,500 public rental apartments in Seoul... Home prices may stabilize when properties are listed
President Yoon has emphasized the need to reduce tax benefits for registered rental property owners, arguing that their properties, if listed, may not significantly contribute to stabilizing home prices.
Warning about rentals in New York: the potential impact of Mamdani's measures
An analysis highlights the potential negative effects of a rental freeze in New York proposed by Mayor Zohran Mamdani, suggesting it could lead to increased rental prices due to reduced tenant mobility.
President Yoon: 'Buying Hundreds of Houses' Comments... Limits Remain Even if Purchase Rental System is Modified
President Yoon raised concerns about the regulations allowing rental property owners to accumulate numerous houses through the purchase rental program, questioning the efficacy of the existing scheme.
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.
President Yoon Seok-youl to Consult on Purchase Rental Business System
President Yoon Seok-youl plans to gather public opinions on the purchase rental business system that allows private entities to buy existing homes and register them as rental properties.
'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.
Housing Policy: The Last Paradise for Tenants
The article discusses the challenges faced by Alexander Grenzner in his search for affordable housing in Ulm after a separation, highlighting the difficulties of finding a suitable apartment that is not too small, poorly located, or overpriced.
Troskot: How is it possible that 70% of apartments are purchased in cash and no one questions it?
Members of Parliament Ivica Baksa and Zvonimir Troskot have highlighted the difficulties young people face in acquiring their own homes, emphasizing the need for comprehensive policy reforms.
President Lee: "3 billion won per square meter in Seoul is absurd... It can't go up to the end of the sky"
President Lee Jae-myung reiterated his commitment to address the imbalance and concentration issues in the capital region's housing market during a town hall meeting, criticizing the exorbitant real estate prices in Seoul.
Why is it easier to earn from real estate than from work in Croatia?
The article discusses how Croatia's tax policy affects the labor market and emphasizes the need for a system that favors working citizens over passive income accumulation.
[Editorial] President's Mention of 'One Good House' and Need for Strengthened Tax Measures
President Lee Jae-myung has indicated the need for policy measures to curb the preference for 'one good house', while also addressing the impact of multiple home ownership on the housing market.
Professor Lee Jun-koo: President Lee is a refreshing break against housing vested interests
Professor Lee Jun-koo of Seoul National University has positively evaluated President Lee Jae-myung's recent actions against multiple property owners, expressing that the president's stance offers a refreshing clarity in the face of vested real estate interests.
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.