What Are Real Estate Policies Amid Low Birthrate and Aging Population? ... HanmiGlobal and HanmiYeon Joint Seminar

HanmiGlobal and the Korea Future Population Research Institute (HanmiYeon) announced on the 15th that they will jointly hold a seminar titled "The New Real Estate Market Brought by Changes in Population Structure: Crisis or Opportunity?" at 1:30 PM on the 23rd at the POSCO Center Art Hall in Gangnam-gu, Seoul.

The Statistics Korea recently projected in its population forecast data for nationals and foreigners that Korea's population will decrease to 49.63 million by 2042. Due to severe low birth rates, it is expected to fall below 50 million. Along with this, rapid aging and an increase in single-person households are population structure changes that affect household composition, housing demand, and housing prices in the real estate market.

The seminar seeks to explore real estate policy measures that effectively respond to changes in population structure. To this end, it will compare and analyze the real estate markets of Japan, which has already experienced low birth rates and aging, and Korea.

First, Professor Uto Masaaki from the Graduate School of Environmental Information and Urban Life Studies at Tokyo Metropolitan University will present on "The Impact of Population Decline on the Real Estate Market," using Japan as a case study. Professor Uto plans to present in-depth analysis results on the correlation between housing asset values in the Tokyo metropolitan area and population decline. Following this, Professor Lee Yong-man from the Department of Real Estate at Hansung University will diagnose the domestic real estate market under the theme "The Real Estate Market and Future in the Era of Great Reduction."

In the subsequent discussion, chaired by Professor Kim Kyung-hwan of the Department of Economics at Sogang University, participants will include Kim Seung-bae, Chairman of the Korea Real Estate Development Association (CEO of Fides Development), Professor Kim Jun-hyung of the Department of Real Estate at Myongji University, Associate Research Fellow Park Jin-baek of the Korea Research Institute for Human Settlements, Senior Researcher Bang Song-hee of the Korea Housing Finance Research Institute, and Cha Hak-bong, Head of the Media Division at Ddangjipgo. They will discuss the impact of population structure changes on the real estate market and countermeasures.

Detailed information is available on the websites of HanmiGlobal and HanmiYeon, and anyone interested in population issues and the real estate market may attend. Seminar registration (free) is open for pre-registration on the website until the 21st. Seats are limited and may close early.