Seoul housing prices are getting out of control!

It looks like asking prices much higher than actual transaction prices are still selling quite a bit, even with the relaxed regulations.

With both sellers and buyers firmly believing prices will keep going up, it seems like the 'all-in' buying is spreading again.

Once the post-regulation transactions start getting updated, it's gonna get noisy real quick.

I dunno if it's a bubble or not, but considering how much asset prices have surged recently, maybe it's unavoidable...

I'm no expert, so I don't know what's right or wrong or what else we need to see, but I was at least hoping they'd curb the price hikes.

Unless something like a financial crisis happens, is real estate just an asset that never goes down?

Personally, I'm worried that if the stock market stutters next year, that liquidity will flow into real estate and become the kindling for another boom.