South Korea’s housing crisis offers a warning to other countries

“B”buying the house in 2021 could be one of the biggest regrets of my life,” says Kim Myung-soo, a 33-year-old man whose house in Jamsil, east of Seoul, has lost about $400,000 in value. His wife is 33 weeks pregnant and Mr. Kim doesn’t know how he will pay the mortgage. He had planned to … Read more