SEOUL, Aug 13 : South Korea said on Thursday it would raise financial support for construction projects and ease regulations for young homebuyers as part of efforts to stabilise a red-hot housing market. Earlier this month, the government of President Lee Jae Myung proposed higher taxes on wealthy homeowners.

The Financial Services Commission (FSC) will expand housing finance support for young people, newlyweds and first-time homebuyers while maintaining...

SEOUL, Aug 13 : South Korea said on Thursday it would raise financial support for construction projects and ease regulations for young homebuyers as part of efforts to stabilise a…