"We Can't Hold Out if Interest Rates Rise further... Now Is the Time to Reduce Loan Principal Rather than Invest"

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[Ddangjipgo] Shim Hyung-seok, Senior Specialist at Law Firm Joyul, stated regarding the recent real estate market and the government's tax reform plan, "If the proposal to introduce a 1 billion won limit for the long-term capital gains deduction is not modified, buying sentiment in the housing market will be dampened." Furthermore, considering the possibility of additional interest rate hikes within the year, he said, "Now is the time to pay off…