22.06.2012 - Korea home price slide persists with property anxiety
Home prices in Seoul and surrounding areas have stalled after a 66 percent climb in the decade to February 2008 raised household debt to record levels and triggered government measures to cool the market. While that’s helped South Korea, Asia’s fourth-biggest economy, avoid the three-year surge in prices in places like Hong Kong and China that’s raised concerns that bubbles were forming, it’s also soured many Koreans on home buying...............................................Full Article: Source
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