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As the April 10 general elections approach, there is a growing debate between the government and market observers about a potential real estate crisis in April. ....
For many Koreans, real estate represents more than a place to live. For decades, it has yielded remarkable returns for investors, fostering the belief that prices will continue to climb as long as others keep investing in property. By the end of 2021, real estate accounted for 64.4 percent of assets owned by Korean households. ....