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(2)Seoul’s housing price shock YTN, with 1.5 billion apartments reaching 800 million won
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(4)3.59 million subscribers
(5)1.5 billion apartments in September last year → 800 million won last month
(6)The actual transaction price of apartments in half is plummeting in Seoul
(7)Buying a broken apartment has become half-price in a year. Read more
(8)384 comments – by sorting
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(10)10 hours ago
(11)About 10 years ago, I kicked a can while investing in Gangnam, so to tell you about it, an apartment worth between 1.3 billion won and 1.6 billion won in Dogok-dong fell to 600 million won That’s less than a yearAt that time, there were times when it was traded at a price of hundreds of millions of won, if not half at a time, but at that time, it was an abnormal deal! At some point, it was not traded above that price, and it was traded slowly updating new lows Then, at some point, it became a real price, and I couldn’t withstand it economically, and I thought Korea would collapse at the time, but anyway, based on that experience, it took more than 10 years to recover and make profits
(12)Anyway, people who have experienced this kind of decline will think that it’s not an abnormal deal, but it’s really here
(13)From experience, if a new book comes out in the market, it doesn’t sell well beyond that price
(14)And looking at this decline, what I think is more serious than during the financial crisis is that real estate prices are falling faster than during the financial crisis That’s how bad the situation is
(15)So I think there will be a long-term slump in real estate that I’ve never experienced before
(16)It was more than half of the PIR 8 just before the financial crisis, and now it’s twice the bubble at the time of PIR 18, and I think it’s a normal price if it falls by 70 percent compared to the high point based on PIR, so I’m going to wait and see until then
(17)It can go up in the short term, but a dead-ket bounce
I only dropped 30
I thought it would rebound, so I bought it
At the end of next year, the current price may be halved
There will be a lot of people who will kill themselves next year