South Korea rolls out toughest rules yet to cool housing, hikes capital gains tax


By Cynthia KimSEOUL (Reuters) - South Korea will raise capital gains taxes on owners of multiple homes and impose fresh mortgage curbs to rein in speculators who policymakers blame for stoking a housing bubble in main regions across the nation.

The latest measures - the third set of steps in 10 months - are the most stringent on record and signal government worries that rampant household debt could imperil the economy if left unchecked. Starting from April 2018, those with two homes in the designated regions will face 10 percentage point of.....

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