Daegu real estate market is in a state of chaos due to oversupply

Daegu real estate market is in a state of chaos due to oversupply

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(1)The rent for three new apartments in the city is about the same as a studio apartment in Hwagok-dong, Seoul.

Daegu real estate market is in a state of chaos due to oversupply

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(1)Unable to find tenants for monthly rent due to a series of new apartments in Daegu.
(2)The war situation is spreading in reverse. The price of a new apartment with three rooms and two toilets in the city has fallen to the level of a studio apartment in Hwagok-dong, Seoul, but it is difficult to find tenants.
(3)According to the Korea Real Estate Agency on the 25th, 34,984 households will move in from 33 complexes this year in Daegu. As it exceeded 34,688 households in 2008, which recorded the largest volume, the reverse lease crisis is expected to become more serious in the future.

Daegu real estate market is in a state of chaos due to oversupply

image text translation

(1)○ ○ ○ ○ ○ Rising in Daegu

Daegu real estate market is in a state of chaos due to oversupply

image text translation

(1)As the volume of occupancy increases from this year, unsold complexes that have been rented in reverse are being created.
(2)It will be a good example of what happens when housing is supplied beyond demand.

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