Lee vows policy measures to cut benefits of homeownership as speculation

President Lee Jae Myung has said the government will come up with policy measures to reduce the benefits of homeownership as housing speculation, while actively protecting the rights of home buying for residential purposes. The remarks by Lee were seen as the latest warning against housing speculation, as the government was set to end the temporary suspension of heavy capital gains taxes for multi-home owners in May. On his social media account on X on Thursday night, Lee said the government wil

By The Korea Herald