South Korea’s central bank chief warns over Gangnam-style housing boom - Business Fast

South Korea’s central bank chief warns over Gangnam-style housing boom - Business Fast

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s central bank governor has called for a cap on university admissions from Seoul’s most upmarket neighbourhoods as a “drastic solution” to the capital’s runaway housing market. Cut-throat competition among parents for private exam tutors and university admissions coaches clustered in the exclusive Gangnam dis…

South Korea’s central bank chief warns over Gangnam-style housing boom

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s central bank governor has called for a cap on university admissions from Seoul’s most upmarket neighbourhoods as a “drastic solution” to the capital’s runaway housing market. Cut-throat competition among parents for private exam tutors and university admissions coaches clustered in the exclusive Gangnam dis…