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Politics

Moon's support rate plummets as house prices keep soaring

South Korean leader has yet to cool market, while aides accused of speculation

South Korea's President Moon Jae-in delivers a speech during the opening ceremony of the 21st National Assembly, in Seoul on July 16.   © Reuters

SEOUL -- Over her 40 years of living in Seoul's Nowon district, Cho Hyun-sook has watched her neighborhood become denser and more expensive as more people relocate further away from central Seoul in pursuit of affordable housing.

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