Interview with the Governor of the Bank of Korea

In an interview Governor Park Seung of the Bank of Korea spoke at the central bank building about the problem with rising housing prices. "It is difficult to solve the property speculation issue fundamentally without drastic measures on education, including changing the college entrance system," Park said.

First published by The Chosun Ilbo, 17 October 2003.

Central Banker Watching Thermostat

CHOSUN ILBO: What do you see as the reason for a recent surge in real estate prices?

PARK: Low interest

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