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S. Korea to Crack Down on Speculative Property Investments by Foreigners

S. Korea to Crack Down on Speculative Property Investments by Foreigners

SEOUL, June 23 (Korea Bizwire) — The country’s land ministry, the justice ministry and other agencies on Thursday said they will launch an investigation into foreigners’ speculative real estate investments. The authorities also plan to designate regions where real estate transactions by foreigners will be restricted and compile statistics on foreign ownership of properties here [...]

Individuals’ Property Investment Decisions Influenced More by Bandwagon Effect than Personal Risk-taking Propensity: Study

Individuals’ Property Investment Decisions Influenced More by Bandwagon Effect than Personal Risk-taking Propensity: Study

SEOUL, March 1 (Korea Bizwire) — Individuals’ property investment decisions are influenced more by their desire to jump on the bandwagon than their personal risk-taking propensity, a study showed Monday. The Institute for Social Development and Policy Research at Seoul National University conducted a survey of 1,200 Seoul citizens and evaluated their responses using a [...]