Real estate in Korea: the rise in prices, the growth in demand
Over the past few years, the demand for real estate in Korea from foreign buyers has increased dramatically. The prices in the local market are also steadily increasing. But the popularity of the local housing market is not only due to a steady rise in property prices, but also to a state level of the control over the real estate segment in the country. And this, in turn, practically eliminates the dramatic increase in the cost of housing in Korea, as well as eventual emergence of a market bubble.
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