{"id":4277,"date":"2024-10-02T04:14:06","date_gmt":"2024-10-01T20:14:06","guid":{"rendered":"http:\/\/www.gssinst.org\/irer\/?p=4277"},"modified":"2025-12-03T02:14:52","modified_gmt":"2025-12-02T18:14:52","slug":"impact-of-north-korean-threats-on-housing-prices-in-south-korea-a-research-note","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2024\/10\/02\/impact-of-north-korean-threats-on-housing-prices-in-south-korea-a-research-note\/","title":{"rendered":"Impact of North Korean Threats on Housing Prices in South Korea: A Research Note"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4277\" class=\"elementor elementor-4277\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b084dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b084dbc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47d15be8\" data-id=\"47d15be8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73767d13 elementor-widget elementor-widget-text-editor\" data-id=\"73767d13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><div class=\"article_label\">Article<\/div><p class=\"article_title\">Impact of North Korean Threats on Housing Prices in South Korea: A Research Note<\/p><div><p class=\"title_label_large\">Author<\/p><p class=\"title_label_large\">Start Page \/ End Page<\/p><p class=\"title_label\">Volume<\/p><p class=\"title_label\">Issue Number<\/p><p class=\"title_label\">Year<\/p><p class=\"title_label_large\">Publication<\/p><\/div><div><p><!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication --><\/p><p class=\"title_text_large\">Craig S. Galbraith, Edward Graham, Jake Lee<\/p><p class=\"title_text_large\">361 \/ 371<\/p><p class=\"title_text\">27<\/p><p class=\"title_text\">3<\/p><p class=\"title_text\">2024<\/p><p class=\"title_text_large\">International Real Estate Review<\/p><\/div><div class=\"empty\">\u00a0<\/div><p class=\"abstract_label\">Abstract<\/p><p>Prior studies have uncovered a variety of exogenous events or activities that can impact the housing prices in a region. For more than seventy years, tensions between North Korea and South Korea have run high, and are sometimes violent. This study examines the impact that different threats have on housing prices in South Korea. Using three different measures of threats by North Korea, we examine housing prices in thirteen different city regions in South Korea. The results indicate a significant impact for three of the regions, regions that have a large United States military presence or are very close to the demilitarized zone. However, the study does not find a significant impact for the country of South Korea in general, or most of the regions studied.<\/p><p>\u00a0<\/p><p><!-- PDF DownloadLink --><\/p><p class=\"download\"><a href=\"http:\/\/www.gssinst.org\/irer\/wp-content\/uploads\/2024\/10\/2-MS23092201-North-Korean-Threats-on-Housing-Prices-Galbraith.pdf\" target=\"_blank\"><strong>View PDF -https:\/\/doi.org\/10.53383\/100386<\/strong><\/a><\/p><div class=\"empty\">\u00a0<\/div><div>\u00a0<\/div><div><p class=\"abstract_label\">Keywords<\/p><p>Housing prices, Threats, Korean peninsula<\/p><\/div><div>\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Article Impact of North Korean Threats on Housing Prices in South Korea: A Research Note Author Start Page \/ End&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[272,271],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4277"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=4277"}],"version-history":[{"count":8,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4277\/revisions"}],"predecessor-version":[{"id":4622,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4277\/revisions\/4622"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}