South Korea's president invokes dramatic Japan realty crash to push domestic property agenda

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Source: CNBC
Published: 2026-07-24 17:06 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Asia, South Korea, Economy & Finance, Financial Markets, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
South Korean President Lee Jae Myung invoked Japan's epochal property crash in the early 1990s, stoking concerns about Seoul's real estate market as he prepares to revise taxes aimed at stabilizing the housing sector.
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