Seokchon in Distress: House Price Concerns Drive Residents to Change Their Address

SEOUL, Jan. 29 (Korea Bizwire) — Residents at the Lake Place apartment complex close to Seokchon Lake in Jamsil, Seoul changed the street name in their address from ‘Seokchon Lake Street’ into ‘Jamsil Street’, out of fear that the name ‘Seokchon’ might have a bad impact on housing prices. Seokchon Lake has been at the center of [...]