The Korean Housing Institute claims that housing prices are more inflated in Korea than they've ever been in the States, and prices have begun to fall precipitously.
The Korea Times reports: "House prices in Seoul dipped 1.07 percent during the first six months of the year compared to the second-half of 2009, declining for 19th straight weeks and counting, with the falls sharper in previously hot districts such as Songpa, Dobong, Gangbuk and Nowon."
Sales of residential properties is also down about a third, causing a glut of housing on the market.
Read the full story: Can Korea prevent housing bubble from bursting?
Seoul’s Urban Parks Blossom with Books
The Reading in Seoul Garden event invited residents to enjoy free reading and relaxation activities, including digital and live programs, in scenic parks, fostering a sense of community amid the city’s autumn landscapes.
Second Anniversary of the COVID-19 Pandemic
March 11 marked the second anniversary of WHO's declaration of the pandemic and the beginning of its third year. Cases continue to plummet in the U.S. and plateau globally while war in Europe has overshadowed the virus that has killed 6 million.
Pumping More Oil to Lower Gas Prices
Proponents of increased oil drilling in the U.S. to replace banned Russian oil argue that it will decrease prices at the pump. A Texas reporter examined the claim with a University of Texas energy analyst. If only it was that simple.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
Nation's most wind-powered state turns to coal as data centers increase energy demand
For the first time in decades, Iowa has increased its generation of coal power.
NYC cools commuters with city's first rain garden above a bus stop
New York City officials say the plants in the rain garden can absorb 16 gallons of rainwater during heavy storms.
Brightline West’s future may rely on $6 billion federal loan
The company has until Nov. 2 to make a $400 million equity investment into its proposed high-speed rail line.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Greater Baltimore Committee
Eagle County Government
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association