Korea is a small land. If you want to invest in Korean real estate, then we'd better discuss the investment demand first, and then see which area is more suitable. It is too arbitrary to say whether a certain area is suitable or not. After all, economic problems are different, and there is no absolute conclusion. The one that suits you best is called "good". Different quantities, different demands.
Therefore, no matter where you invest, you should ask yourself three questions in advance:
Why did you vote?
What can I vote for?
What should I vote for?
This is also the investment logic we consider when we conduct our own investment operations, which is the case when we consider investment options as a whole, and it is also the case when we examine a certain field.
Assuming that for ordinary individuals, the so-called middle class or high-net-worth people, real estate speculation is not the main business, then the basic rational appeal is, first, to avoid risks, and secondly, to fight inflation and gain some income again. Finally, you can consider studying abroad or supporting the elderly in the future.
Based on the overall situation of the current domestic economy, everyone can have their own judgment on what the so-called "new normal" means. However, if conditions permit, it is a relatively safe plan to allocate some resources reasonably around the world, hedge risks and hold certain real estate.
Therefore, if stability is given priority, then many hot spots or areas with uncertain economic prospects are actually not suitable for consideration.
At present, Chinese traditional hot investment cities, such as several major European cities, have actually been heated up. Moreover, it is worth pondering whether the endogenous power of these countries' economies is enough and how big the real estate bubble is. Similarly, as the key cities of South Korea's investment, such as Jeju, Incheon, Seoul, Busan, Changping, Zhongxin City and Daejeon, we should also consider what new support policies, development potential and investment deadlock there are.
After the investment purpose is clear. Let's see if there are any questions to vote on. This involves many considerations of personal resources. How much is the budget, whether to add leverage or not, and how to take the funds should be considered. If we only discuss real estate, we should fully consider whether we know the tax system of Korean real estate, whether we can foresee the future economic trend brought about by the uncertainty of Sino-Korean relations, whether the endogenous motivation is strong in the future, what is the employment situation, and whether to borrow from local institutions or China.
After fully considering your own conditions, look at what you should invest. Whether you are optimistic about the housing lot, or whether the property itself will appreciate in the future, or whether the rental return is good now, and the subsequent property management, taxation, insurance regulations, etc. It also needs comprehensive consideration.
Every investment is like a game, so we should understand the current situation, advocate rationality and put an end to casualness.