#real estate
2 articles tagged real estate. At twelve articles this topic starts lifting the whole site in search.
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What a winning-bid ratio is — Korea's August figure was 84.7 percent, Seoul's was 97
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Korea's property tax rewrite — living in the home is worth 500 million won
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Economy · 3 min readWhat a winning-bid ratio is — Korea's August figure was 84.7 percent, Seoul's was 97
Definition — winning bid divided by appraised value. The appraisal predates the sale by six months to a year, so it is not a market discount
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Economy · 4 min readKorea's property tax rewrite — living in the home is worth 500 million won
Deduction: 1.4bn won if you live in it (up from 1.2bn), 900m won if you don't — a 500m won gap on the same single home