The text describes the financial and emotional struggles faced by individuals in South Korea due to the volatile real estate market and rising interest rates. Many people who purchased apartments are now burdened with high-interest loans, while apartment prices have sharply declined. This has led to a decline in apartment sales, and even rental deposits are not returned due to difficulties finding new tenants. The overall housing market is facing uncertainty and economic challenges.
1. Housing prices are rising quickly, making it difficult for many to afford homes.
2. The market price for apartments is almost 340, which is just before the Jeonse price.
3. Housing prices have already risen to a level that the market cannot afford.
4. The interest rate hike has acted as a further trigger for the housing market downturn.
5. Apartment prices have risen by 700 million won in just one year.
6. The price of an apartment in Goyang City, purchased for 840 million won, rose to 1.4 billion won.
7. The price of an apartment in Uijeongbu City, purchased for 250 million won, rose to 400 million won.
8. The loan rate is falling day by day, but the interest rate on the loan continues to rise.
9. Apartment prices, which have been rising since 2013 and skyrocketing since 2019, will be for the first time in 2022.
10. The domestic base interest rate, which had fallen to 0.5% due to the coronavirus outbreak, began to rise last summer and rose to 3.5% in January of this year.
11. Housing prices had already risen to a level that the market could not afford, and at a time when the bubble had no choice but to be adjusted, the interest rate hike now acted as a further trigger, causing a large decline in a short period of time.
12. The number of unsold apartments in December last year was close to 70,000. The number of unsold apartments increased by more than 10,000 in one month.
13. Apartment sales prices as well as lease prices, which had soared through the roof, are falling rapidly.
14. There are increasing cases where the deposit is not returned even when the lease expires because a new tenant has not been found.
15. The rent rate for Seoul apartments hit 52%, returning to the level of 11 years ago.
16. For apartments that are about to be rebuilt or are old, the rent rate has fallen to 30%.
17. The current situation in Korea requires adjustment. It is a situation that you have no choice but to experience. Don't try to avoid it too much.
18. In the first half of this year, the decline appears to be decreasing slightly. The decline is decreasing, but the downward trend will still continue in the first half of the year.
19. Interest rates will remain high until March. We have to watch the aftermath again. Current situation is that interest rates are falling and then rising again.
20. The number of cases of incurable brain diseases such as epilepsy and Herkins that are stabilized when CBD is used is quite a few. If research is conducted in a well-regulated and managed area, the risk is actually higher. Could it be reduced?