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Korea Real Estate Bubble

2021-07-04  Category:South Korea
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This is the KOSPI chart.Why does it go up when investment from Japan has decreased by 50% and investment from the United States and the EU has decreased?You'd better imagine who's buying stocks.One is Chinese money. This is exactly what the current administration wants.Another is stock investment, which is secured by soaring real estate prices.Another is private investment by ordinary people who cannot buy real estate, even if they borrow money from rising stocks.In other words, it is a bubble.The IMF warned that Korea's household debt is above the danger level.Judging that this is a temporary phenomenon, it is better to stop borrowing money and investing in real estate and stocks to increase assets.