Apr.20.2021: Ruling party realizes real estate is its danger zone

K-News Bulletin

English - April 20, 2021 01:00 - 3 minutes - 2.59 MB
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The ruling Democratic Party (DP) on Monday decided to form a special committee to address public concerns about real estate policies, following the party's crushing defeat in by-elections earlier this month.

The decision reflects the party’s belief that one of the main reasons for its landslide defeat is public disenchantment with rising assessed values of homes, real estate taxes, and restrictions on mortgages.

Full Article: https://koreajoongangdaily.joins.com/2021/04/19/national/politics/real-estate-housing-party/20210419185900264.html