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South Korea’s August 13 housing measures draw backlash from jeonse fraud victims

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  • Jeonse fraud victims challenged government policies promoting villa purchases by young people.
  • Youth Future Home Loan covers up to 80% of eligible homes priced at 400 million won.
  • Victims filed a criminal complaint alleging coordinated fraud involving landlords, developers and real estate agents.
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South Korea’s August 13 housing measures draw backlash from jeonse fraud victims - CoinPost Terminal