Chinese real estate buying has limited impact in Seoul: experts
Oct. 24, 2016
[THE INVESTOR] Chinese nationals have been increasingly making inroads into the expensive real estate market in Seoul and its surrounding cities, but the move will not be powerful enough to drive up the overall home prices, experts said.According to data by the Seoul Metropolitan City, the number of land lots owned by Chinese nearly doubled to 4,139 in the first half of this year from 2,113 at the end of 2014. By land size, property owned by Chinese nationals rose 29 percent to 171,600 square me