Since the launch of the new government, it has been experiencing ultra-high-level conflicts with foreign diplomacy and North Korea every day.
In reality, however, South Koreans do not seem very sensitive to diplomacy or confrontation with North Korea. Reports say that famous overseas stars prefer to visit Korea or live in Korea, and a number of confirmed cases are seen around Korea, which has become free of COVID-19.It’s just a cold.
Now, many people have been vaccinated more than two or three times, so even the Korea Centers for Disease Control and Prevention is reassuring.
Unlike when they were always busy listing the figures of confirmed patients, they now show a calm substitution enough to know if you just look it up.
With Psy’s “Gangnam Style,” South Korea’s Gangnam is known as a famous city, compared with Manhattan in New York and Tokyo in Japan.
In Korea, real estate is also falling sharply due to the strength of the U.S. dollar and high interest rates, and most of them are high-rise apartments in the form of representative residences.
(Source from Reuters/Alamy)It is different from the form of apartment collective residence in Japan and the United States, because apartments are mainly formed in Japan and the United States, but Korea is a symbol of self-ownership.
In other words, it would be no different if it was a Japanese mansion and a premium condominium in the United States.
Residential apartments in Gangnam average more than $2.5 million.
However, it is currently recording a decline of more than 20-30 percent at prices three to four years ago.
Like other countries, it is focused on the population of large cities, and there is a sharp difference in population density and economy between provinces and large cities.
(Source from Reuters/Alamy)About 1/10 of California in the U.S., about 1/2 of Japan’s territory is Korea. It has a natural environment rich in rivers, seas, and forests, but it can be a way to establish a small territory.
In Korea, apartments in the form of residential stocks are for sale due to variable interest rate loans by home borrowers due to high interest rates, but they are not currently being traded.
(Source from Reuters/Alamy)Although they wanted to trade at a sharply lower price, they are expected to sell more than 20% of the price in the future, or there will be many sales that will be put under pressure.
Young people in large cities in their 20s and 30s bought real estate based on loans from the financial sector due to anxiety over the steep rise in real estate for several years.
Despite various opinions that it is a real estate bubble, the expectation and atmosphere that it will rise further are now at risk of threatening the economy of the working class with high interest rates.
JULIE KIM
ASIA JOURNAL
