"50 Million Won Property Tax on a 5 Billion Won Apartment" Koo Yooncheol's Remarks Put Market on Alert [3-Minute Brief]

[At a Glance]
① Senior government and ruling party officials, including Deputy Prime Minister Koo Yooncheol, repeatedly call for stronger property taxes
② October 15 real estate measures... End users expected to face a credit freeze
③ Robust iPhone 17 sales boost expectations for Apple’s stock price

MARKET INDEX : Year to date

○The three major New York stock indexes ended mixed, with Coca-Cola, 3M, and General Motors posting surprise earnings results.

○The "M7" companies are expected to post double-digit profit growth, driven by AI expansion and other factors.

○Gold prices plunged as demand for safe-haven assets weakened ahead of the U.S.-China summit.

Top3 NEWS

■ "50 million won property tax on a 5 billion won apartment"... Debate intensifies between housing market stability and market anxiety

○Koo Yooncheol, Lee Sangkyung, and Jin Sungjoon have repeatedly mentioned strengthening taxes on high-priced homes, fueling the debate.
○Some argue the tax rate is low, while others say the burden is heavy-property tax burdens differ depending on the standard.
○There are concerns that higher taxes could be passed on to tenants, leading to higher jeonse prices and potentially driving up home prices.

■ Loan freeze becomes reality... End users could face a "credit drought" until next year

○Three out of the five major commercial banks have already exceeded their lending targets.
○Stricter DSR regulations have intensified the "loan cliff" felt by end users.
○The household lending capacity of the financial sector is expected to decrease by 10% next year.

■ Apple hits all-time high on iPhone 17 sales boom... Market cap nears $4 trillion

○The stock price surged nearly 4%, breaking record highs.
○Strong sales in the U.S. and China; Wall Street forecasts $315 per share.
○However, there is caution due to delays in introducing AI features to the iPhone.

Graphic News: "Even frying 100 chickens a day leaves nothing"... An in-depth look at the 25,000 won chicken price [The Fall of the Chicken Republic] ①

○How did delivery platforms drive chicken shops out of business?
○Franchise headquarters take 45%, delivery apps 26%, and store owners only 12%.

○With daily sales of 3 million won, platforms take 830,000 won.

the Chart: "16% outperformance over KOSPI"... Who are the last-minute MSCI additions this year?

○APR and HD Hyundai Marine Solution are unanimously nominated for inclusion.
○Stocks added in May and August outperformed the KOSPI by 16%.
○Event-driven trading strategies remain effective as passive funds flow in.

Today's Key Schedule

○Domestic

06:00 Producer Price Index (MoM) (September)

○International

02:00 Speech by Buba's Balz (Germany)

04:30 Speech by U.S. Federal Reserve Governor Waller

05:30 U.S. API Weekly Crude Oil Stock

06:00 U.S. Net Long-term TIC Flows (August)

07:00 Speech by Buba President Nagel (Germany)

08:50 Japan Exports (YoY) (September)

08:50 Japan Trade Balance (September)

21:25 Speech by ECB President Lagarde (Europe)

23:30 U.S. Crude Oil Inventories

◇Lunch & Evening Commute Weather

○Lowest temperature: 6℃ (▼2℃) ｜Highest temperature: 18℃ (▼3℃)
○Chance of precipitation: 0% in the morning｜20% in the afternoon
○Fine dust: Good in the morning｜Good in the afternoon

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This content was produced with the assistance of AI translation services.