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| Name | S. Korea to scrap real estate regulations amid falling house prices |
| Video Uploader | Video From Arirang News |
| Upload Date | This Video Uploaded At 04-01-2023 01:38:07 |
| Video Discription | 세제•대출 이어 규제지역까지 文정부 부동산 규제 다 풀었다 South Korea has scrapped housing regulations for a number of locations that were considered to be closely-watched speculative districts. As part of efforts to stabilize the housing market, the Land Ministry will lift the presale price cap system across Seoul and metropolitan areas except for three districts in the Gangnam area, as well as Yongsan-gu District. Also a regulation that imposed penalties on those reselling real estate within a certain period will be eased. The ministry shortened the time homeowners can sell their properties from the current limit of between four and ten years to one to three years depending on location. Regulations on loans for partial deposits will be also eased. This includes abolishing loan limits, which had been set at 500 million Korean won, or roughly 4-hundred thousand U.S. dollars per person. #real_estate_regulation #housing_regulation #Arirang_News 📣 Facebook : https://www.facebook.com/arirangtvnews 📣 Twitter : https://twitter.com/arirangtvnews 📣 Homepage : https://v2.arirang.com/ 2023-01-04, 09:00 (KST) |
| Category | News & Politics |
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