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Opinion

Moon Jae-in must deal with South Korea's housing bubble now

Household debt has ballooned and prices from Seoul to Busan have rocketed

| South Korea
Why has Moon been reluctant to act forcefully?   © Reuters

While the U.S.-China trade war is hitting South Korea's economic growth, President Moon Jae-in's biggest problem is at home: the country's soaring housing market and all the risks that a bubble in the sector brings.

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