Housing prices in Korea

Question: I have a question about housing prices in Korea and the difficulty of finding a home. Housing prices in Korea are extremely high. I currently have 400 million won available, which is tied up in a Jeonse lump sum deposit lease. If I wait for two or three years, will it be possible for me to find a home where I can live peacefully until the day I die, a place where my grandchildren can come and play comfortably?


 Answer from the Ascended Master Saint Germain through Kim Michaels. This answer was given during the 2026 New Year Webinar.

We are not giving individual investment decisions here. What I will say is that in all of the developed countries, the affluent countries, house prices are becoming way too high and have been way too high for a long time. This is a deliberate manipulation by the fallen beings, one of the primary ways where they funnel wealth upward from the middle and lower classes towards the elite who are in charge of the financial institutions that give loans. 

Ask yourself this simple question: if you are making money giving loans for people to buy houses, if a house costs $100,000, you make a certain amount of money giving that loan, but if the same house costs $500,000, you obviously make much more money because the interest payment will be much higher. What interest could you have in lowering property prices, keeping them at a certain level? What is your tool for increasing property prices, making credit more readily available? Sure, some will default on the loans, but with the much bigger interest payments that comes in, you can afford this and still make more money. Everyone loses except the people who already have too much. 

This is a question, an issue that all of the democratic nations need to address and it needs to be addressed from the government level, where the government acknowledges that its role as a democratic government is to prevent the population from being exploited by a small elite. Therefore, they need to take appropriate steps to change this. 

My vision is that as we move further into the golden age, property prices will in most nations go down. But also, of course, incomes will go up. There will be a better balance between people’s income and what they pay for a place to live, whether it is rent or own. It can be seen clearly by economists that if people pay over a certain percentage of their income for housing, the entire economy of society stagnates, because they do not have money left over to spend on other things, and therefore, drive economic growth. This is a problem that can only be resolved at the government level and most democratic governments have been asleep at the wheel and have allowed this to happen. It should not have been allowed, but here we are and therefore, governments need to wake up. If this is of concern to you, make the calls for these governments to awaken.

 

Copyright © 2026 Kim Michaels