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Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside | Yonhap News Agency
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Summary
OK By Kim Eun-jung SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education. Lee shared a news article on the social media platform X that raised concerns among one-house owners, as the government imposed fresh mortgage curbs for owners of multiple homes in Seoul and its neighboring areas In January, Lee questioned the fairness of offering long-term ownership tax breaks for properties used for investment or speculation. President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside Next Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
## Summary
OK By Kim Eun-jung SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education. Lee shared a news article on the social media platform X that raised concerns among one-house owners, as the government imposed fresh mortgage curbs for owners of multiple homes in Seoul and its neighboring areas In January, Lee questioned the fairness of offering long-term ownership tax breaks for properties used for investment or speculation. President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside Next Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
## Article Content
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By Kim Eun-jung
SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education.
Lee shared a news article on the social media platform X that raised concerns among one-house owners, as the government imposed fresh mortgage curbs for owners of multiple homes in Seoul and its neighboring areas
In January, Lee questioned the fairness of offering long-term ownership tax breaks for properties used for investment or speculation.
He clarified that his earlier remarks -- targeting homes used for investment or speculation -- do not apply to cases where homeowners temporarily live elsewhere for unavoidable reasons, including work.
"It is clear that cases where a home is intended for residential use, but the owner temporarily lives elsewhere due to unavoidable reasons such as work, are excluded," Lee wrote, calling for corrections to the article.
Lee has repeatedly urged owners of multiple homes to sell their properties ahead of the planned expiration of heavy capital gains tax exemptions, which are set to expire next month.
President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap)
ejkim@yna.co.kr
(END)
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Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
Next
Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
---
## Expert Analysis
### Merits
- Korea's strong backlash against growing S.
### Areas for Consideration
- President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Implications
- OK By Kim Eun-jung SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education.
- President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
- Korean Air to enter emergency management mode over soaring fuel costs Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Declassified documents show N.
### Expert Commentary
This article covers lee, owners, home topics. Notable strengths include discussion of lee. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 546.
OK By Kim Eun-jung SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education. Lee shared a news article on the social media platform X that raised concerns among one-house owners, as the government imposed fresh mortgage curbs for owners of multiple homes in Seoul and its neighboring areas In January, Lee questioned the fairness of offering long-term ownership tax breaks for properties used for investment or speculation. President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside Next Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
## Article Content
X
More
Linked in
Tumblr
Facebook Messenger
Copy URL
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OK
By Kim Eun-jung
SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education.
Lee shared a news article on the social media platform X that raised concerns among one-house owners, as the government imposed fresh mortgage curbs for owners of multiple homes in Seoul and its neighboring areas
In January, Lee questioned the fairness of offering long-term ownership tax breaks for properties used for investment or speculation.
He clarified that his earlier remarks -- targeting homes used for investment or speculation -- do not apply to cases where homeowners temporarily live elsewhere for unavoidable reasons, including work.
"It is clear that cases where a home is intended for residential use, but the owner temporarily lives elsewhere due to unavoidable reasons such as work, are excluded," Lee wrote, calling for corrections to the article.
Lee has repeatedly urged owners of multiple homes to sell their properties ahead of the planned expiration of heavy capital gains tax exemptions, which are set to expire next month.
President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap)
ejkim@yna.co.kr
(END)
Related Articles
Lee excludes officials with multiple homes from real estate policymaking
Lee stresses role of financial measures in stabilizing housing market
(2nd LD) Lee puts private home up for sale
Lee steps up verbal warning against multiple home owners after listing private home for sale
Keywords
#Lee
#housing market
Articles with issue keywords
Most Liked
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
(News Focus) Han Kang's NBCC win again spotlights art of translation
(LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang'
Most Saved
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
(News Focus) Han Kang's NBCC win again spotlights art of translation
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
Liberal ex-prime minister to declare mayoral bid in conservative stronghold
Most Viewed
All Categories
(LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed
(LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
Korean Air to enter emergency management mode over soaring fuel costs
Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions
Declassified documents show N. Korea's strong backlash against growing S. Korea–China ties in mid-1990s
Most Viewed More
Most Viewed Photos
Tass news agency's delegation in Pyongyang
Indonesian president visits S. Korea
Tass news agency's delegation in Pyongyang
Tass news agency's delegation in Pyongyang
prev
Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
Next
Lee hints at keeping tax benefits for owners of one home where they do not temporarily reside
---
## Expert Analysis
### Merits
- Korea's strong backlash against growing S.
### Areas for Consideration
- President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
### Implications
- OK By Kim Eun-jung SEOUL, April 1 (Yonhap) -- President Lee Jae Myung on Wednesday hinted that the government may keep tax benefits for owners of one home where they temporarily do not reside due to reasons such as work or their children's education.
- President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on March 31, 2026. (Yonhap) ejkim@yna.co.kr (END) Related Articles Lee excludes officials with multiple homes from real estate policymaking Lee stresses role of financial measures in stabilizing housing market (2nd LD) Lee puts private home up for sale Lee steps up verbal warning against multiple home owners after listing private home for sale Keywords #Lee #housing market Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
- Korean Air to enter emergency management mode over soaring fuel costs Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Declassified documents show N.
### Expert Commentary
This article covers lee, owners, home topics. Notable strengths include discussion of lee. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 546.
lee
owners
home
news
tax
temporarily
multiple
homes
Original Source
https://en.yna.co.kr/view/AEN20260401004700315