Government Real Estate Policy, At This Rate It's Over… People Are About to Sell Samsung Electronics to Buy Gangnam Apartments | Kwangsoo's Real Estate CEO Lee Kwang-soo

Summary

Lee Kwang-soo, a real estate specialist, argues that Korea's 2026 housing market will be determined by government supply and tax policy, especially whether attractive locations are supplied cheaply and whether holding taxes are raised. He sees Seoul and provincial markets increasingly polarized, with Gangnam apartment demand structurally supported by one-home tax benefits and by the failure of supply and reconstruction policies to cool prices. He warns that policy inaction could push domestic capital from Samsung Electronics into Gangnam apartments, and he cites China's property correction as evidence that real estate does not have to keep rising with liquidity.

• Korea's housing market outlook is described as heavily policy-dependent for 2026.
• Seoul and provincial real estate markets are highly polarized.
• Gangnam demand is supported by one-home tax rules and upgrade demand.
• Third-phase new towns and reconstruction deregulation are not expected to cool Gangnam prices.
• Provincial housing is seen as structurally weak despite government infrastructure spending.
• Policy inaction could drive capital rotation from Samsung Electronics into Gangnam apartments.
• China's property market is cited as a long correction despite liquidity growth.
• The guest urges preemptive demand-control policy rather than reactive measures.