Yonhap Infomax NewsSouth Korea's real estate market has ballooned to over seven times the nation's GDP, far outpacing global peers and fueling concerns over economic imbalance, household debt, and the risk of a property-driven bubble, as President Lee Jae-myung vows decisive action to curb speculation.
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https://en.infomaxai.com/news/articleView.html?idxno=103553
[Real Estate Crisis Theory①] Home Prices Surpass 7 Times GDP—A Rare Phenomenon Globally
South Korea's real estate market has ballooned to over seven times the nation's GDP, far outpacing global peers and fueling concerns over economic imbalance, household debt, and the risk of a property-driven bubble, as President Lee Jae-myung vows decisive action to curb speculation.