As Korea’s baby boomers retire, will property suffer?

Jun 2, 2011

Samsung Life Insurance’s Woo Jaer-yong warns that too many people are relying on real estate to see them through their retirement years.

As Korea’s baby boomers retire, will property suffer?

Korea’s baby-boomer generation has begun to retire, and the impact on real estate and equities is going to surprise them, warns Woo Jaer-yong, head of the Retirement Research Institute, an arm of Samsung Life Insurance.

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