House prices in Korea fell by 2% in December from November. It's actually the biggest single drop since official figures began in 2003. House prices are down more than 20% since their peak in late October 2021. The Bank of Korea's benchmark rate is at 3.5%, which is a 14-year high.
The country’s war-torn north-west has been getting far less aid than it needs in the earthquakes’ aftermath. We investigate the dilemma of lifting long-running international sanctions. Housing prices are slipping across the rich world, but South Korea’s unusual property market makes that slide far more perilous. And what three decades’-worth of data reveal about crafting a pop hit.
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