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South Korea unveils package to boost housing supply, support young buyers

  • South Korea will boost construction financing to about 47.8 trillion won (~$33.7B) to increase housing supply and cool the market.
  • New policy loans and eased rules aim to help young buyers and newlyweds, while curbs on speculative demand are being maintained or tightened.
  • Rising house prices have dented President Lee Jae‑myung’s approval ratings, making housing policy a politically sensitive issue.
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