25.06.2012 - Are there bubbles in Korea’s property prices?

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

Print