National
Seoul housing forum warns tax overhaul could worsen rental shortage
SEOUL, August 06 (AJP) - The first public debate over the Lee Jae Myung administration's proposed property tax overhaul quickly laid bare tenants' biggest fear: being forced from their homes as landlords reclaim properties or sell them to qualify for lower taxes. At a livestreamed forum hosted by the Seoul Metropolitan Government on Thursday, tenants, homeowners, real estate agents and housing experts warned that stronger tax incentives for owner occupancy could further ti
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