Elected in 2017 following the resignation and subsequent jailing of the disgraced Park Geun-hye, Moon Jae-In became the 12th President of South Korea. However, his legacy needs more to be desired. While his administration’s handling of the coronavirus pandemic proved effective relative to other Western economies, spiralling housing and energy costs alongside a slowing domesticContinue reading “Korean economy under Moon”
Tag Archives: housing
The British housing crisis
House prices in the UK have reached astronomical levels as they are now 65x higher than they were in 1970. The average house price has gone from £4,000 to £260,000 in the last fifty years. This growth greatly exceeds that of average wages that have only increased 36x in the same period. Such a disparityContinue reading “The British housing crisis”
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