Thursday, November 16, 2006

And now for something completely different

I've been looking into the issue of property speculation a little recently for my own research, dealing in part with the growing expansion of financial capital here on the penninsula. As most people know, there is a speculative bubble in the real-estate market that is growing and growing right now, with the consequence that a lot of property appears to be over-valued, with some of those cookie cutter concrete apartments now reaching the price of some European castles. Actually, that is what this following story from the Korean times is all about: the type and location of European castle you could sell your apartment in order to buy, no joke.

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