Negative sentiment toward the South Korean government’s property policy is spreading beyond multi-home owners to younger people and non-homeowners, raising doubts about whether tougher taxes and regulations can stabilize housing. The National Barometer Survey found that 56% assessed the policy negatively, compared with 34% positively; disapproval reached 72% among people in their 30s and 67% among those aged 18 to 29. Disapproval was also recorded among 57% of non-homeowners and 54% of single-home owners, compared with 68% of owners of two or more homes. In a separate Gallup Korea poll, 50% of respondents in their 30s and 37% of those aged 18 to 29 expected the government’s tax reform proposal to hurt the housing market. Negative sentiment was particularly strong in Seoul and the greater Seoul area. Gallup Korea’s nationwide poll found President Lee Jae-myung’s job approval at 45%, matching disapproval, while property policy remained the largest single reason for negative assessments at 28%.