Moon's bid to tame Seoul property prices backfires

Approval dives on boiling anger over officials' home ownership double standards

20200721 South Korea Housing

Homeowners and buyers in Seoul are angry at South Korean President Moon Jae-in's attempts to fix the city's housing crisis. © AFP/Jiji

KIM JAEWON, Nikkei staff writer

SEOUL -- South Korean President Moon Jae-in's chief of staff Noh Young-min came under attack this month for having two houses after having asked staff at the presidential Blue House to sell down if they owned multiple homes.

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