

Commenter Ryan shed some light on the matter.
One of my wife's friend's mother bought an apartment that had it's price slashed in Daegu recently. The existing residents there did a similar thing, and she could not move in due to the throng of ajumas not letting in any moving trucks. In the end, she has had to rent another apartment while this gets sorted out.
This type of behaviour only serves to ferment discontent between the new residents that will inevitably move in and the existing residents. I understand that the existing residents have seen the value of their apartments drop, but they are taking it out on innocent people.
Anyway, the existing residents really have nothing to complain about, they saw the apartments they wanted to buy and they paid what they thought was a fair price for them at the time. Everyone wants free money, what some people don't understand is that there is no such thing as a sure investment, including property.
Yesterday residents staged a sit-in blocking the entrance of one of the buildings.

Here's a gallery of poorly-formatted photos from the 광남일보. A short TV news report is here, with footage of a middle-aged woman getting rough. I walked by in the early afternoon and saw a man being put on a stretcher and loaded into an ambulance.
2 comments:
Continuing on from my quote, I was talking further with my wife about this, and she said that while this is obviously illegal, the police rarely get involved with these kinds of things, that is unless you know someone in a higher position in the police.
Oh, and my wife's friend's mother has been waiting to move into her bought apartment for about six months now. That's a long time to not let in new residents.
Ryan, I don't understand how that's legal.
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