Huh? According to https://seoulhomes.kr/en/properties/prices/, in Q1 2026, the average apartment in Seoul sells for ~₩1.2B, ~₩45M per 3.3sqm, that's ~840k USD and ~9.6k USD per sqm or ~900 USD per sqft, in what world is that cheap?

Population can age fast while the supply of desirable places to live still doesn't meet demand.