'Gongpoe Sa-ja' Home Buying Study for 2030 [3-Minute Brief]

[At a Glance]
① Apartment Prices Turn Down After 23 Weeks
② Triple Decline in Production, Consumption, and Investment
③ Base Interest Rate Held Steady at 3.50% for 7 Consecutive Times

MARKET INDEX

- Dow hits record high in line with expectations
- Inflation slowdown, weak consumer spending
- Nationwide apartment prices turn down after 23 weeks

TOP 3 NEWS

■ "Buying a home during a housing price decline"... The 2030 generation's renewed interest in real estate study

- Real estate investment study craze among young people
- Significant increase in participation in real estate-related open KakaoTalk chat rooms
- Recent housing price decline seen as an opportunity to own a home

■ Triple decline in 'production, consumption, investment' after 3 months... Semiconductor production down 11.4%

- Statistics Korea releases October industrial activity trends
- Triple decline reversal after 3 months
- Factors include decrease in working days

■ Even elementary and middle school students prioritize 'money' over 'dreams': "I want to be a doctor because they earn a lot"

- Elementary, middle, and high school students seek economic rewards and job stability
- Creative challenges and pursuit of growth possibilities have decreased compared to before
- Top reason for aspiring doctors and legal professionals is "to earn a lot of money"

Graphic News: Falling 'Binance' and soaring 'Coinbase'

- Global No.1 exchange Binance admits money laundering allegations and withdraws from US market
- Binance Coin, stablecoins, Trust Wallet tokens remain sluggish
- Coinbase absorbs Binance's market share... expected to be No.1 by trading volume

the Chart

- Bank of Korea lowers next year's economic growth forecast and raises consumer price outlook
- Slow export recovery and high interest rates cause weak consumption... concerns over 'stagflation'
- Base interest rate held steady at 3.50% for the 7th consecutive time... "Monetary tightening stance to continue for a long period"

Person in the News: Henry Kissinger

- Former US Secretary of State during the Cold War in the 1970s... passed away on the 29th (local time)
- Facilitated former US President Richard Nixon's visit to China... led 'Ping-Pong diplomacy'
- Awarded the Nobel Peace Prize in 1973 for contributions to world peace

Today's Key Schedule

○ Domestic
- 08:30 Emergency Economic Vice Minister Meeting and Inflation-related Vice Minister Meeting
- 09:00 Trade Balance (November)
- 09:40 Ministry of Industry's Winter Power Supply Measures Establishment and Field Inspection
- 13:00 Ministry of Labor's 2023 Workplace Innovation Conference

- Aetum KOSDAQ listing / Offering price 18,000 KRW

- LS Materials public subscription / Offering price 6,000 KRW

○ Overseas
- 16:00 UK Nationwide House Price Index (November)
- 18:00 Eurozone Manufacturing Purchasing Managers' Index (November)
- 20:30 ECB President Lagarde speech
- 23:45 US Manufacturing Purchasing Managers' Index (November)
- 00:00 (December 1) ISM Manufacturing Purchasing Managers' Index (November)
- 01:00 FED Chair Powell speech

◇ Lunch & Commute Weather

○ Lowest temperature: -6℃(▲2℃) ｜ Highest temperature: 3℃(▲3℃)
○ Precipitation probability: 10% in the morning｜0% in the afternoon
○ Fine dust: Moderate in the morning｜Moderate in the afternoon

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.