Deputy Prime Minister and Finance Minister Kim Dong-yeon said Wednesday that the government will come up with additional measures if instability in the real estate market continues.
 
Kim made the remark in Seoul during a meeting on key economic issues.
 
He said the government will keep a close eye on the real estate market in the wake of additional steps announced earlier in the day on curbing rising house prices. 
 
Kim said the real estate market is deeply related to household debt measures. He said the ministry and the Financial Services Commission(FSC) are working to unveil measures on containing household debt in the middle of this month.
 
The minister then dismissed rumors by some media that the Korean Peninsula will see a crisis this month resulting from North Korea’s provocations.
 
Wednesday’s meeting was attended by the Land, Infrastructure and Transport Minister Kim Hyun-mee, Foreign Minister Kang Kyung-wha, Vice Trade Minister Lee In-ho and FSC Chairman Choi Jong-ku, among others.