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S. Korea to stabilize rental housing market through tax cuts, other measuresNews
The Yoon Suk-yeol administration’s first package of measures on the property market aims to stabilize rental housing costs to ease the burden on tenants. Finance Minister Choo Kyung-ho, during his first government meeting on the property market on Tuesday, said there will be tax incentives to encourage the renewal of housing contracts. “Landlords who voluntarily ...