First, the emergence of hundreds of people robbing a house in South Korea is actually directly related to the abnormal development of their economy, which is also an important factor leading to the housing price crisis:
South Korea's economy seems to be developing very rapidly and has become a major economy in Asia. However, in essence, South Korea's economy is controlled by a few chaebol, so for many people in South Korea, economic growth does not feel anything, what they feel is economic monopoly. Therefore, the biggest drawback of South Korea in real estate is monopoly. In the development of the real estate market, because they have become the bag of several monopoly capitalists, they can raise as much money as they want in the real estate market. In this case, the people have almost no way to counter it, so under such circumstances, the real estate market in South Korea will rise unhealthy, which is the most important factor and a problem that South Korea cannot solve.
Second, because the rise of the US dollar has seriously affected the overall economic development of South Korea, people can only choose to enter the real estate market in terms of investment, which is also an important factor in the price increase of the real estate market:
South Korea belongs to a country directly controlled by the United States, so they are highly dependent on the US dollar. Because the United States has been socializing in the last two years, there has been a panic about the dollar in the entire Korean market. In this case, everyone can only choose to buy a house and stabilize assets to avoid danger. In this case, the price of real estate will continue to rise, which is another important factor for the rise of Korean real estate. In addition, due to the large number of buyers,
Third, South Korea's urban development is abnormal, so only a few big cities in South Korea are in the most important position, so the real estate price remains high:
Seoul is the most important city in South Korea, bearing half of the population of South Korea. You can imagine that half the population of a country lives in Seoul, so how can the real estate price fall? This is one of the drawbacks of the Korean real estate market that cannot be supervised. Because urban development is a disadvantage, in the whole life, people can only choose to buy a house in Seoul to facilitate their work and life. Therefore, the housing price in Seoul has gone up, and the government can't control it. This abnormal urban development has also led to high housing prices in South Korea, and even if the state intervenes, it actually has no effect.