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Other countries could follow S. Korea's real estate policies: WSJ

2020-07-16 11 Dailymotion

WSJ "한국 부동산대책 효과내면 다른 나라들도 따를 것"<br /><br />The Wall Street Journal has highlighted the South Korean government's latest real estate policies.<br />It published an article on Wednesday local time titled "Korea's Radical Housing- Boom Crackdown is a Sign of Things to Come".<br />The article predicted that if South Korea's latest measures to restrain its skyrocketing property prices turn out to be effective, other major real estate markets could follow suit.<br />The newspaper mentioned the country's hike in capital-gains tax for house flipping, and its increase in taxes on high-value multiple home owners and corporate property.<br />It added that Seoul is just one of many cities around the world that has seen a housing market bubble in recent years.<br />

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