President Moon Jae-in during a meeting with the Land Ministry ordered the government to “boldly increase” housing supply in hope of slowing the rise in prices.
A two-day Aviation-Tourism Recovery Forum hosted by the Ministry of Land, Infrastructure and Transport and Ministry of Culture, Sports and Tourism wrapped Wednesday.
Recent statements from politicians of the ruling party responsible for the real estate measures have stirred controversy in several online communities for lacking compassion and being out of touch with reality.
A main opposition party lawmaker on Wednesday announced he will forfeit his party membership following criticism over the conflict of interest between his family’s construction business and his work on the National Assembly committee overseeing...
A construction mogul-turned-lawmaker for the main opposition party said there was no conflict of interest between his family business and his serving on the National Assembly’s committee overseeing the Land Ministry.
Mixed messages from the government on the property market are further muddying the already muddy real estate waters. Measures have been talked up left and right, some announced and some leaked.