Home Price Rebound and Jeonse Anxiety in Focus at Lee Government Real Estate Seminar

A seminar assessing real estate policy in the first year of the Lee Jae-myung government will be held at the National Assembly on the 18th. The event will focus on diagnoses of the recent rebound in home prices and instability in the jeonse rental market. Professors Lee Chang-moo and Jin Jang-ik will deliver presentations reviewing the direction of the administration’s housing policy. Key agenda items include heavier capital gains taxes and tax policies aimed at restraining demand. Participants are expected to examine the effects and limits of policy measures for housing market stability. According to mk.co.kr, the seminar was introduced as an event led by the People Power Party’s Seoul mayoral side.