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Seoul’s Average Apartment Price Jumps Twofold Under Moon Gov’t: Civic Group

Seoul’s Average Apartment Price Jumps Twofold Under Moon Gov’t: Civic Group

SEOUL, Dec. 8 (Korea Bizwire) — The average price of Seoul apartments has soared more than twofold in about five years under the current Moon Jae-in administration, according to a civic group analysis Wednesday. According to the analysis by the Citizens’ Coalition for Economic Justice (CCEJ), an apartment in Seoul fetched 43.09 million won (US$36,590) [...]

Seoul’s Apartment Prices Rise 4.5 Times Higher Under Moon than Under Preceding Two Gov’ts

Seoul’s Apartment Prices Rise 4.5 Times Higher Under Moon than Under Preceding Two Gov’ts

SEOUL, Nov. 11 (Korea Bizwire) — Seoul’s apartment prices surged 58 percent during the presidency of Moon Jae-in, which is 4.5 times the increase rate of the combined period of the preceding Lee Myung-bak and Park Geun-hye governments, a civic group said Wednesday. The Citizens’ Coalition for Economic Justice (CCEJ), a leading progressive civic group, [...]