There are few markets in South Korea more competitive than real estate. So in 2018, at the apex of President Moon Jae-in’s outreach campaign to North Korea, many saw this as an opportunity to invest in property near the inter-Korean border.
Jo Byung-ouk, a long-time real estate agent specializing in the area, said he had never seen anything like it in his 18-year career.
There are few markets in South Korea more competitive than real estate. So in 2018, at the apex of President Moon Jae-in’s outreach campaign to North Korea, many saw this as an opportunity to invest in property near the inter-Korean border.
Jo Byung-ouk, a long-time real estate agent specializing in the area, said he had never seen anything like it in his 18-year career.
Try unlimited access
Only $1 for four weeks
-
Unlimited access to all of NK News: reporting, investigations, analysis
-
Year-one discount if you continue past $1 trial period
-
The NK News Daily Update, an email newsletter to keep you in the loop
-
Searchable archive of all content, photo galleries, special columns
-
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe
now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
