On Monday, the Gyeonggi Provincial Office environment stated it has learned 176 individuals that falsely gained the appropriate to purchase new apartments in Gwacheon, south of Seoul, which was also dubbed "one billion lotto.
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The particular amount of the prize was a bit increased than the normal investing cost of Seoul apartments, which surpassed one.one billion gained in April, according to KB Kookmin Lender's real estate data.
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Due to this fact, All those in their 50s and 60s with sufficient hard cash had a greater opportunity in the past subscriptions For brand spanking new apartments, edging out younger non-house homeowners amid the housing crunch.
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