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S Korea to tighten mortgage curbs for multiple-home owners

Real estate agents' offices in Seoul. The new rules are aimed at preventing binge borrowing.


SOUTH Korea will impose fresh mortgage curbs for owners of multiple homes to put a brake on binge borrowing, amid concerns a build-up in household debt could leave the economy exposed to a crash, the government said on Tuesday.

Starting 2018, borrowers applying for mortgages...

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