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.
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.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
Zero-Emission Bus Fleets Grow, But Federal Funding Is in Jeopardy
Transit agencies around the country have purchased over 7,000 zero-emission buses, but a federal program that funds the shift could be eliminated under the new administration.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Wisconsin Governor Opens Window for Regional Transit Authority
The proposed state budget includes a provision that allows local governments to establish a dedicated transit tax.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Strategic Economics Inc
Resource Assistance for Rural Environments
City of Grandview
Harvard GSD Executive Education
UCLA Lewis Center for Regional Policy Studies
City of Piedmont, CA
Great Falls Development Authority, Inc.
NYU Wagner Graduate School of Public Service