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One Year On, Seoul's Land Transaction Permit System Under Fire

Original: [One Year of Seoul-Wide Land Transaction Permit System] Policy That Vowed to Curb Speculative Demand Only Fueled Rental Market Uncertainty

One year after Seoul extended its land transaction permit system citywide, the policy introduced to curb speculative property demand is drawing criticism for failing to deliver. Commentators say the measure has instead deepened uncertainty in the rental market, complicating housing conditions for tenants and landlords across the capital.

Why now: The one-year anniversary of the policy has prompted fresh debate over whether it curbed speculation or worsened rental market instability.

SeoulLand Transaction Permit System

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