Jang, Y. H., & Kim, S.-H. (2013). New experiments in public housing supply in Seoul, South Korea: The possibilities and limits. Chapter 8, In J. Chen, M. Stephens, & Y. Man (Eds.), The future of public housing. Berlin/Heidelberg: Springer 123-142....
In recent months such complaints have become more common. Greater Seoul is home to half of South Korea's population and to the vast majority of attractive jobs, schools and entertainment options. Few people with any ambition can afford not to move there. But affording the move is hard. Resid...
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The present study investigates urban poverty in Seoul, South Korea, amid the COVID-19 pandemic, focusing on housing and economic challenges. Employing principal component analysis, clustering algorithms, and visualization techniques, it analyzes archived data to uncover disparities in housing conditions an...
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Gangnam in Seoul, South Korea. CJ Nattanai/Shutterstock South Korean households’ expenses on heating, water use, rent and other housing-related costs hit KRW148.4 trillion (USD131 billion) in 2018, according to data by the Bank of Korea (BOK). This figure marks a 4.3 percent increase ...
president, Moon Jae-in introduced 25 separate measures designed to curb runaway house prices. Yet the average price of a condominium unit in Seoul roughly doubled to USD1 million by the time Moon left office in May 2022 as South Korea ranked among the least affordable housing markets in the...
Nevertheless, 44 sites (or 16,681 households) in Seoul have been selected for the initiative. Moreover, the provision of affordable housing is top priority for the new government. We believe this project would lead Seoul to rise to conquer the housing challenge for Seoul’s young generation. ...
Global investment firm KKR has teamed up with Weave Living to invest in rental housing assets in South Korea, with a focus on Seoul. The strategic partnership aims to build an initial portfolio of 1,200 units and scale it over time as opportunities emerge. The transaction marks KKR’s first...