Korea Joongang Daily
Korea JoongAng Daily

Stabilize the housing market with actions (KOR)

The government must do its best to stabilize the housing market.

2024-08-12

Stabilize the housing market with actions

The government must do its best to stabilize the housing market.

2024-08-11

Stabilizing the housing market is top priority

The fundamental cause of the rise in household debt is surging real estate prices.

2024-06-27

Housing prices through the roof in Seoul, Busan

Housing prices are at a record high in six of Korea's 17 metropolitan municipalities including Seoul and Busan, according to data from Woori Bank's asset management consulting center published Monday.

2024-06-03

New unsold homes nationwide reach 10-year high in January

The number of new unsold homes nationwide in January reached the highest in more than 10 years amid the sluggish housing market, government data showed Tuesday.

2023-02-28

Advice for the new president centers on property policy

By morning, we should know who will be inaugurated as president in May. He will have a lot on his plate, in particular a number of problems inherited from the previous administration.

2022-03-09

Tax incoming

This year, the number of people that are expected to receive their bill on the comprehensive real estate holding tax is estimated close to 950,000, up 42 percent year-on-year. The amount they collectively owe increased 216 percent to 5.7 trillion won

2021-11-23

All alone

A loan counter sits empty at a bank located in Seoul on Monday, the first day that government restrictions on unsecured loans went into effect.

2020-11-30

Renters given the third degree as new laws protect them

Landlords are grilling tenants these days after the passage of three laws designed to protect renters, and they are asking for more money because of the higher costs and risks after the passage of the law.

2020-08-04

Foreign property buyers have attracted the taxman's attention

Foreign owners of domestic property are on the radar of the National Tax Service (NTS), which is looking for those who have underreported rental income. Between 2017 and May this year, foreigners have purchased apartments valued 7.67 trillion won.

2020-08-03