Story perspectives

South Korea to Tighten Housing Loans Amid Price Surge

10/13/2025

26 2

Summary

Story summary

The South Korean government plans to announce measures this week to stabilize housing amid rising prices in Seoul and Gyeonggi Province.
The actions include tightening loan rules, lowering mortgage cap from 600 million won to 400 million won, and adjusting debt-to-income ratios.
The measures were discussed at a meeting with Jung Chung-rae (DP leader) and Prime Minister Kim Min-seok.
Experts warn the measures could raise jeonse prices and cause instability.

1 of 1

Story summary

The South Korean government plans to announce measures this week to stabilize housing amid rising prices in Seoul and Gyeonggi Province.
The actions include tightening loan rules, lowering mortgage cap from 600 million won to 400 million won, and adjusting debt-to-income ratios.
The measures were discussed at a meeting with Jung Chung-rae (DP leader) and Prime Minister Kim Min-seok.
Experts warn the measures could raise jeonse prices and cause instability.