President Yoon: 'Is ordering the sale of farmland communist? Is Lee Seung-man, who established 'land for those who farm it' also a communist?','summary_en':'President Yoon emphasized that the order for farmland sales is a legal measure to combat speculative land transactions, dismissing critics who likened it to communist policies.','summary_long_en':'President Yoon Sook-yeol of South Korea has defended his administration’s directive to order the sale of farmland, clarifying that the measure is intended to prevent speculative transactions in agricultural land. During a recent cabinet meeting, he specified that the government is not targeting inherited farmland or land that is intentionally left unused due to the owner's age or other circumstances. Instead, he indicated that the focus is on instances where individuals acquire farmland under the guise of farming plans but fail to utilize the land for agricultural purposes thereafter. Yoon reiterated the constitutional principle of
President Yoon emphasized that the order for farmland sales is a legal measure to combat speculative land transactions, dismissing critics who likened it to communist policies.
The Government supports the Comuns' plan to stop speculative property purchases
The Catalan government is backing the Comuns' initiative to temporarily ban speculative property sales to alleviate housing access issues.
The Government renounces updating the coefficients of capital gains on real estate sales and inheritances
The Government has decided not to update the coefficients for municipal capital gains taxes on real estate sales and inheritances for 2026, reversing previous plans to penalize speculative real estate operations.
The housing crisis | Doubts about the 'Amsterdam model' to combat the rising cost of housing
Catalonia's government is facing a controversial debate over its project to limit speculative housing sales in response to the escalating housing crisis.