expected chatter in the next 3-5 years)
It's a chatter that's written while closing, so if you think it's helpful, you can refer to it and if you think it's nonsense, you can skip it.
1) Economic shocks comparable to 1997 + 2007 will hit Korea: the beginning of an era of chaos.
2) Restraining the interest rate hike eventually caused the shock to be absorbed by foreign exchange, surpassing 1,400 won. The indicator that most of other foreign exchange countries rose against the won means that the won's value eventually fell, while won-based assets fell in value.
3) Real estate is a must. Some might wonder what the won's depreciation has to do with real estate, but real estate in Korea is a won-based asset: It is an asset called real estate that is affected by macroeconomic factors, but the won's value cannot be lost.
4) For those who say residential real estate, especially in school districts, is highly recommended to look at the revised curriculum in February 2023 and the 2028 college admission system announcement. (Applied 2009-2012)
Since the high school credit system begins in earnest, unless it is excellent enough to enter the core group, fierce competition in a good school district is not so advantageous for entrance exams.
This is due to the fact that all subjects are rated as five grades relative to the first, second, and third grade high school students. The integration of regular admissions has also disappeared.
The 9th grade system of relative evaluation is maintained for the Korean language area, mathematics area, and inquiry area (integrated society, integrated science), and the 9th grade system of absolute evaluation is maintained for the English area, the Korean history area, and the second foreign language/Chinese area. Many people have talked about the weakening of mathematics/science education on Facebook as advanced areas such as advanced mathematics/deep science disappeared. This is how it is connected. Just think about it roughly.
I think it is more reasonable to see it as an educational policy in the direction of weakening good school districts because it is important to have the advantage of being able to go to medical school in the end with an increase in the number of medical school students.
5) In this situation, the demand for real estate redevelopment is bound to be limited, and profitability has already fallen due to high-density accumulation, and the possibility that aging apartments will spread to urban hollowing out cannot be ignored at all.
6) Korea's manufacturing competitiveness is also reaching its limit. Even if it does not go to the demographic structure, the number of skilled workers in their 20s and 30s is less than that in their 40s and 50s. Although the country has invested the most in automation and robots, it is difficult to support the manufacturing industry without a skilled population in their 40s and 50s.
Since Korea is a country with an export-led economic structure and has suffered from large-scale export growth, it is difficult to say anything about making foreign currency, ignoring the current status of the manufacturing industry.
It is compelling to consider the low salary, standard of living, and limitations of the manufacturing sector as a result of being reluctant to local areas. The resulting weakening of the competitiveness of the manufacturing industry will inevitably hurt the export-led economy.
7) In the future, the domestic situation will be turbulent. I've been told that life is naturally turbulent, so I'll do it, but I hope that people who used to work well don't come out for no reason and stay well, and small businesses will focus on things that will generate sales and survive.
The government has no money, and the local government has no money. I think everyone has been pushed out of the comport zone in this country where there is no money beyond the reduced tax revenue and it is difficult to support basic science.
I hope you all survive well in Korea, which has become turbulent.
I'm sure there will be people who make great wealth because the turmoil has grown and there have been more opportunities. However, I wrote it down because I thought there would be many people who would fail due to the benefits on the contrary.
If it's a story of an Oucharist, it's a story of.
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