BOK

1. The August key rate freeze was attributed to the high risk that a rate cut would encourage real estate prices and expand volatility in the foreign exchange market under the current circumstances

2. What's sad is the debate lacks reflection on why we are now bogged down in household debt and property prices in the Seoul metropolitan area, with only an interest in what is the best decision for the current situation

3. Even if the real estate problem is solved by taxation or policy measures in the face of continued excess demand for real estate, it is not easy for the landlord to pass on the increase in jeonse prices

4. The Monetary Policy Committee's decision is a wake-up call to the fact that this vicious cycle is not desirable for once, and the government hopes to become a government that changes this trend

5. If household debt rises further, it will soon reduce economic growth due to lack of demand and reach a level that could lead to a financial crisis if that is excessive