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Boosting housing supply

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Government must also examine property policy's side effects

The Yoon Suk-yeol administration announced its first real estate policy package Tuesday. Above all, the government has decided to expand benefits for "good landlords" while raising the mortgage ceiling for tenants to prevent a rental home shortage expected to hit tenants in August. More specifically, it plans to give landlords a waiver of the two-year residency requirement needed for tax incentives if they voluntarily curb their rent increases to 5 percent or lower........

© The Korea Times

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