SEOUL, South Korea (AP) — The recent heavy rains in northwestern North Korea flooded thousands of houses and a vast extent of farmland and left many residents homeless and living in makeshift tents, ...
PYEONGTAEK, South Korea — Hundreds of workers bulldozed homes in a South Korean village Wednesday to make way for the expansion of a U.S. military base set to become the Americans’ new headquarters, ...
Anxiety over foreign property ownership has intensified in Korea amid tighter real estate regulations, with many Koreans viewing the system as skewed against domestic buyers. Tensions escalated on ...
The issue of vacant houses is becoming serious in both Korea and Japan due to population decline and regional extinction. Currently, Japan has as many as 3.5 million vacant houses, and to reduce the ...
Foreigners who do not intend to live in Korea will now be barred from buying homes in Seoul and parts of Gyeonggi and Incheon. Any purchase will require approval, and buyers must reside in the ...
SEOUL — For many Americans, the apartment where 29-year-old IT specialist Lee Chang-hee lives might be the stuff of nightmares. Located just outside the capital of Seoul, the building isn’t very tall ...
Foreign nationals own more than 104,000 homes in Korea and nearly 270 million square meters of South Korean land as of the end of June this year, government data showed Friday. Over half of those ...
SEOUL, July 2 (UPI) --The North Korean regime forbids its citizens to privately own property. The state owns it, as well as any products created from the land's use as stated in its constitution. The ...