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Non-apartment home permits plunge 77% in four years as Seoul rental supply tightens

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  • Land ministry plans purchased rental housing to revive stalled non-apartment supply.
  • 77%: Non-apartment permits fell from 2022 levels as of August this year.
  • Applications reached 288,317 units, but only 14,195 units had started construction last year.
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Non-apartment home permits plunge 77% in four years as Seoul rental supply tightens - CoinPost Terminal