South Korea’s Property Market in 2022 - How will the Presidential Campaign Affect Homeownership?
What have the presidential candidates in the 2022 election promised for South Korea's property market? It was the first topic in the first debate before March's election to select the next South Korean president. Top of mind is trying to get young South Koreans in their 20s and 30s onto the property ladder. But will homeowners continue to be punished and taxed into submission to fulfill the current administration's "one house rule"? Or will there be true reforms to create a functional real estate market?
