Top 100 Housing Owners Each Have 150 Homes
The country's top one hundred people owning the most houses have an average of one-hundred-55 homes.
In a Home Ministry report released by minor opposition Democratic Labor Party lawmaker Sim Sang-jung on Monday, 720-thousand households owned two homes while more than 160-thousand had three houses as of August of last year.
Sim called for heavier taxation on property holdings and rental income of multiple home owners, saying that 40 percent of the population are still tenants despite a housing supply rate that reached a hundred-six percent last year.
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