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South Korea’s aging society could burst housing bubble

Posted on 27 June 2012

The shrinking proportion of Korea’s working age population could burst a real estate market bubble and trigger a financial crisis, a private think tank said in a report.
Hyundai Research Institute warned that Korea may follow the footsteps of Spain and Ireland as the country is now past its demographic window, the period when the percentage of people able to work is at its heights………………………………………..Full Article: Source

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