South Korea's land minister bearish on property as population ages
Tuesday, 12 March 2024
South Korea's land minister says the country won't see a repeat of the sharp home price gains as its population rapidly ages and economy slows. The minister vows to promote public rental accommodation to improve access to housing. High housing costs contribute to low fertility rates, and the government is working to provide more affordable housing.
South Korea's land minister says the country won't see a repeat of the sharp home price gains as its population rapidly ages and economy slows. The minister vows to promote public rental accommodation to improve access to housing. High housing costs contribute to low fertility rates, and the government is working to provide more affordable housing.
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