South Korea's Land Minister Kim Yun-deok called for a housing supply strategy that ensures both quantity and quality, emphasizing that delivering high-quality, desirable homes is key to addressing public housing challenges and reducing vacancy rates.
#YonhapInfomax #HousingSupply #KoreaLandHousing #KimYunDeok #VacancyRates #UrbanBlockHousing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99625
Land Minister Stresses Need to Ensure Both Quantity and Quality in Housing Supply—Focus on Delivering 'Good Homes'

South Korea's Land Minister Kim Yun-deok called for a housing supply strategy that ensures both quantity and quality, emphasizing that delivering high-quality, desirable homes is key to addressing public housing challenges and reducing vacancy rates.

Yonhap Infomax
South Korea's logistics center market faces oversupply, prompting a shift from cold storage to ambient and data center conversions as vacancy rates surge and profitability declines.
#YonhapInfomax #LogisticsCenters #Oversupply #ColdStorage #DataCenters #VacancyRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70328
[Logistics Center Diagnosis-III] Shift to Ambient and Data Centers Amid 'Oversupply'

South Korea's logistics center market faces oversupply, prompting a shift from cold storage to ambient and data center conversions as vacancy rates surge and profitability declines.

Yonhap Infomax
Commercial real estate market shows mixed trends in Q1 2025, with office sector improving but retail spaces struggling, particularly in Sejong where 25% of mid-to-large retail spaces are vacant.
#YonhapInfomax #CommercialRealEstate #VacancyRates #RetailSpaces #OfficeMarket #SejongCity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60190
Commercial Property Vacancy Rates Worsen - One in Four Mid-to-Large Retail Spaces Empty in Sejong

Commercial real estate market shows mixed trends in Q1 2025, with office sector improving but retail spaces struggling, particularly in Sejong where 25% of mid-to-large retail spaces are vacant.

Yonhap Infomax
Seoul's office market shows divergence: Gangnam faces rising vacancies while CBD and Yeouido see increased demand, according to JLL's Q1 report on Grade A offices.
#YonhapInfomax #SeoulOfficeMarket #VacancyRates #JLL #GangnamBusinessDistrict #NetAbsorptionArea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60111
Seoul's Large Office Buildings Face 'Gangnam Vacancy' Issue - CBD and Yeouido See Increased Demand

Seoul's office market shows divergence: Gangnam faces rising vacancies while CBD and Yeouido see increased demand, according to JLL's Q1 report on Grade A offices.

Yonhap Infomax
China's office market faces gloomy outlook as foreign firms exit, with Beijing's vacancy rate rising to 21% and rents falling, while Shanghai's vacancy rate hits 22.1%, signaling broader economic challenges.
#YonhapInfomax #ChineseOfficeMarket #ForeignFirmExodus #VacancyRates #RealEstateDownturn #EconomicUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51845
China's Office Market Gloomy as Foreign Firms Exit

China's office market faces gloomy outlook as foreign firms exit, with Beijing's vacancy rate rising to 21% and rents falling, while Shanghai's vacancy rate hits 22.1%, signaling broader economic challenges.

Yonhap Infomax

Leaving apartments vacant can increase landlords' profits, so arguments that building more units will automatically lower rent are essentially self-serving bullshit.

#Housing #Homelessness #Landlords #VacancyRates #FuckOffYIMBYs

https://chez-risk.in/2023/01/10/if-its-actually-true-that-building-more-homes-makes-the-rent-go-down-then-its-also-true-that-intentionally-keeping-units-vacant-will-increase-profits/

If it’s actually true that building more homes makes the rent go down then it’s also true that intentionally keeping units vacant will increase profits | Chez-Risk.in

The @sfchronicle would have us believe that higher #vacancyrates are good for tenants and helped lead to #rents in #Oakland falling 7%, which sounds like a logical and simple explanation based on a common understanding of how markets work, UNTIL you remember that that’s not a useful argument against #infillhousing and that many are saying landlords keep units vacant to increase rents. https://www.sfchronicle.com/bayarea/article/oakland-apartment-rent-bedroom-18411037.php