1. Similarities to the long-term decline after the financial crisis 1) a protracted rise in housing prices : The market was feeling tired. It's like a slap on the face when you want to cry. The upward trend from 2000 to 2008 before the 2008 financial crisis broke out It has soared for the eighth consecutive year since the turnaround in 2014. 2) Real estate regulations put pressure on the market At the end of the Roh Moo Hyunn regime before 2008, the ceiling on the sale price, the disclosure system of the sale price, and the expansion of regulations on mortgage loans were introduced The Moon Jae Inn government recently announced 26 real estate measures, introduced a ceiling on the sale price, and introduced expanded loan regulations such as reducing loans for high-priced apartments How far down in the past? The rate of decline in apartment prices in Seoul until 2012, when the decline was at its peak - Based on the Real Estate 114 Index: -7.5% - KB Kookmin Bank Inde