Why South Korea and Japan are turning against foreign homebuyers

Source: China – South China Morning PostGovernment measures to deter foreign buyers from purchasing residential properties are by no means the preserve of Asian economies. In February 2024, Canada extended a nationwide ban on most foreign buyers until 2027 in an effort to curb speculation and improve affordability. In the US, a growing number of states, including Texas and Florida, have passed laws barring nationals from several countries, notably China and Russia, from acquiring land and property.
Yet in the most liveable cities in…Read More

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