Sunday, January 1, 2012

South Korea’s Housing Market Review

House prices in South Korea are rising again, after falling in the second half of 2010. Over the three months to April 2011, nationwide house prices increased by 2.62% (1.34% in real terms), the highest quarterly rise since March 2007, according to the Korean Statistical Information Service. House prices rose by 4.15% during the year to April 2011. However, when adjusted for inflation, house prices were actually unchanged in April 2011 from a year earlier. The government plans more measures to help the housing market, including slashing home purchase taxes from 2%-4% to 1%-2%.  In August 2010, the government eased restrictions on real estate lending.

Global Property Marketplace Review

WPC is a Global Internet News Network that distributes timely and relevant real estate news stories, market reports, industry-expert opinions and property profiles to local and global audiences.

Our audience consists of both real estate consumers ("B2C" audiences); along with industry professionals ("B2B" audiences) that include real estate investors, brokers, agents, home builders, developers, banks, industry associations, Wall Street firms, Governments and other news media - worldwide.

Our news coverage includes all three major categories of real estate (Residential, Commercial & Vacation-Leisure property markets) from all across the U.S. and Internationally. We currently have reporters, columnists and guest news contributors based in Miami (HQs), New York, Los Angeles, Orlando, Westport, London, Abu Dhabi and Dubai (with more coming soon).

WPC is also a Global Property Marketplace where any agent, broker, builder, property owner, bank or government agency can upload post any individual Residential, Commercial or Vacation property listings for Sale, Rent or Auction worldwide (at no cost) to showcase to our global audiences.

Economy Of South Korea Review

South Korea has a market economy which ranks 15th in the world by nominal GDP and 12th by purchasing power parity (PPP), identifying it as one of the G-20 major economies. It is a high-income developed country, with a developed market, and is a member of OECD. South Korea is one of the Asian Tigers, and is the only developed country so far to have been included in the group of Next Eleven countries. South Korea had one of the world's fastest growing economies from the early 1960s to the late 1990s, and South Korea is still one of the fastest growing developed countries in the 2000s, along with Hong Kong, Singapore, and Taiwan, the other three members of Asian Tigers.[6] South Koreans refer to this growth as the Miracle on the Han River.[7] Having almost no natural resources and always suffering from overpopulation in its small territory, which deterred continued population growth and the formation of a large internal consumer market, South Korea adapted an export-oriented economic strategy to fuel its economy, and in 2010, South Korea was the seventh largest exporter and tenth largest importer in the world.

Korea Investment Corporation Review

The Korea Investment Corporation (KIC) is a government-owned investment organization that manages the sovereign wealth fund for the Government of South Korea. The KIC was established by law in 2005. The KIC received initial deposits of $17 billion from the Bank of Korea and $3 billion from the Korean Ministry of Strategy and Finance. The KIC has approximately USD$29.6 billion in assets under management as of the end of 2009.

The KIC is restricted to investing only in assets which fall under the guidelines provided by the Korea Investment Corporation Act. The KIC's objectives are to enhance Korea's sovereign wealth and to contribute to the development of the Korean financial industry. The KIC is governed by a steering committee consisting of nine members plus the chairman. 
 


NuWire Investor Review

There are countless news and educational resources devoted to information about investing. Most of these, however, focus on traditional investments: domestic stocks, bonds and mutual funds. The number of resources devoted to alternative investments—real estate, franchises, commodities and peer-to-peer lending, to name just a few—is significantly smaller.

Further, many of the resources that are devoted to alternative investments are also devoted to selling products and services. Clear, objective information about alternative investments can be hard to find.
That's where NuWire Investor comes in: we strive to fill that information gap and educate and update investors on the news, trends and opportunities in the alternative investment marketplace.
As a media source, we are not selling products or services. We simply provide research and analysis to help investors in their due diligence and even give them new ideas. NuWire Investor seeks to make quality information about alternative investments easily accessible.