(URGENT) Lee says real estate tax reform possible in July, will soon announce home supply plan to curb runaway prices

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(URGENT) Lee says real estate tax reform possible in July, will soon announce home supply plan to curb runaway prices

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South Korean Finance Minister Choo Kyung-ho indicated that real estate tax reforms could be implemented as early as July. The government is also preparing to unveil a comprehensive plan aimed at increasing housing supply. These measures are intended to address the rapid escalation of property prices across the nation.

The government's actions are crucial for stabilizing the housing market and addressing affordability concerns for citizens.

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