Gangnam housing prices plummet following Lee's warning... Worst in 193 weeks

‌It will likely spread to the surrounding areas in a few months.
I feel like I should sell quickly and get out.

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Gangnam housing prices plummet following Lee's warning... Worst in 193 weeks
n.news.naver.com
It has been revealed that the supply of Seoul apartments for sale has increased rapidly just seven weeks after the announcement of a tax reform plan to increase the property tax burden on ultra-high-priced housing. The listings are coming from the three Gangnam districts (Gangnam-gu, Seocho-gu, and Songpa-gu), where high-priced housing is concentrated and the tax burden is set to increase.