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Korea: Will property market get boost?

Posted on 30 August 2010

From Koreatimes.co.kr: Indisputably, the outstanding policy among the comprehensive steps aimed at reviving the slumping real estate markets announced on Sunday is the easing of the debt-to-income ratio (DTI) rules.

As the Seoul administration temporarily relaxes the DTI regulations in defiance of its previous stance of sticking to it by any means, folks will be able to borrow increased amounts from banks when they buy homes…………………………………….Full Article: Source


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