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✉news BusinessReal Estate first seen 9 h ago, last 8 h ago, peak #27

Seoul property tax bills climb as housing and land prices surge

Original: As housing prices and land prices in Seoul and other major regions rose, property taxes imposed by o..

Rising housing and land prices in Seoul and other major South Korean regions have led to higher property taxes imposed on owners. The increase is drawing attention from homeowners and market watchers, who are assessing how heftier tax bills will affect household costs and the housing market.

Why now: Higher official valuations are producing larger tax bills for property owners, prompting public concern about costs and housing policy.

SeoulSouth Korea

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