Many say the real estate tax reform plan is weaker than expected.

Korean Alpha EN (@korean_alpha_en), Aug 4, 2026, 01:30 UTC

Many say the real estate tax reform plan is weaker than expected. Except for one house worth over KRW 5 billion, taxes are almost the same or reduced, so it is unlikely to affect most actual consumers. Since lending is also blocked, it seems like a policy that takes the market into consideration has been developed. I think it can be seen as a policy to only suppress the upside of Gangnam, rather than levying too much tax to force people to sell or increasing taxes on everyone. One house for actual residence under 3 billion won: Rather, tax reduction 3.5 to 4 billion won for one house for a…

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