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Are there bubbles in Korea’s property prices?

Posted on 25 June 2012

It’s not easy to answer this question but a correct diagnosis of the property market is more important than ever before, given warnings that Korea might become another Spain or Japan struggling with the bursting of property bubbles.
Since the 2008 Lehman Brothers debacle, the country’s real estate market has been in the doldrums with property prices, especially those of apartments, falling and transactions almost at a standstill………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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