Interested how this plays out in other countries in terms of both reception and actual effect. The current Korean gov set out to reduce house prices by various

Interested how this plays out in other countries in terms of both reception and actual effect. The current Korean gov set out to reduce house prices by various methods: e.g. high property taxes on houses that are not the owners primary residence, banning loans/mortage for flipping homes, etc. But prices have gone up more during this regulation. People suspect its actually driving buyers to buy before more regulations in the future. I feel like the only way would be to restrict to one house per co-residence family unit in contested cities. But I have no knowledge of real estate/economics, and I'm sure it'll be called communism. So really feels like a near impossible problem to solve.