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S Korea to tighten mortgage curbs for multiple-home owners

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

Seoul

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...

sentifi.com

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