Topic
Korean government measures on housing supply, taxation and market stabilisation, and their execution record.
From late September, tenants can hand their lump-sum deposit to a public body instead of a landlord. The landlord's income then depends on what that body earns on the money.
Reality
HUG and MOLIT's three-party lease has the state hold the tenant's deposit and pay the landlord monthly. The counterparty risk does not disappear; it changes address.
Reality
MOLIT has finalized an equity-accumulation format for part of its public housing: 25 percent at move-in, the rest in tranches over 20 to 30 years. First units could price in the fourth quarter.
Reality
Seoul raised holding taxes on the 3rd and promised 230,000 greater-Seoul homes on the 13th. Only one prior supply plan can be scored, and it is running at 24.2 percent.
Reality