Wed, Sep 17, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves more

Real estate market: South Korea

Posted on 04 December 2012

South Korea’s housing market was feared to enter a long-term recession period as seen in Japan and the United States due to structural problems such as aging population, retiring baby boomers and low growth trend.
The Ministry of Strategy and Finance said in a report on Monday that slower growth of the country’s population and households weakened real demand for housing as places of residence, cautioning that retiring baby boomers were expected to sell large-sized homes, boosting oversupply in the local real estate market………………………………………..Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930