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South Korea's Land Minister Cautious On Aging Population's Impact

Park Sang-woo, South Korea's Minister of Land, Infrastructure and Transport, speaks during an interview with Reuters

South Korea's land minister has expressed a cautious outlook on the country's real estate market as the population continues to age. The minister highlighted concerns about the impact of an aging population on the demand for housing and property in South Korea.

With a rapidly aging population, there is a growing need for housing solutions that cater to the needs of older individuals. The minister emphasized the importance of adapting the real estate market to meet the changing demographics of the country.

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