As household loans increased for the fifth consecutive month, mortgage loans began to be regulated again. It appears to be an unavoidable measure. The rise in real estate prices will slow down for the time being.
In August, mortgage loans alone in the banking sector increased by 7 trillion won, and the balance of household loans reached an all-time high of 1,075 trillion won. This is the result of the Yoon Suk Yeol government easing household loan regulations to induce a rise in real estate prices despite difficult situations due to … Read more