Web2 dec. 2024 · The loan-to-value ratio was cut to 40-50 percent in Seoul and other "speculative" areas in major cities, and the ratio goes down to 20 percent for the … Web23 dec. 2024 · Korea's total household debt doubled to 1,845 trillion won at of the end of the third quarter, from 843 trillion won at the end of 2010, according to the BOK report. The …
Small businesses are feeling the credit crunch – The Daily Shot
Web26 mrt. 2024 · March 26, 2024. Credit: Pixabay. Advertisement. A growing scandal about land speculation has embroiled South Korea’s top housing agency, with up to 20 … Web15 sep. 2024 · South Korea’s housing market recorded its biggest monthly drop since the global financial crisis as the central bank’s policy tightening cycle enters its … dawn sherrine
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WebThe slump has been particularly brutal for apartments in Seoul: prices are down by 24% since their peak in October 2024. South Korea’s market offers a glimpse of what may lie … Web7 aug. 2013 · South Korea's worst property-market slowdown since 2004 threatens to limit the economy's rebound, as the government's stop-go policies to stimulate the housing … Web26 jul. 2024 · About 590,000 new single-family houses were sold last month on a seasonally adjusted annual basis, plunging 8% below the May rate of 642,000 and falling sharply below analyst projections of... dawn shickluna