Tag: housing
North Korean island vanishing as Pyongyang extracts sand and gravel for...
Daily NK reported that uninhabited islands in Pyongyang's Taedong River have recently begun disappearing due to indiscriminate aggregate extraction. Satellite image analysis of the...
Pyongyang’s mining recruitment crisis: Free housing can’t keep workers from fleeing
North Korea is forcing discharged soldiers and young people to fill gaps at the country's mines, offering housing, matchmaking services and material assistance to...
North Korea’s real estate moguls: How the donju are getting richer
North Korea's nouveau riche, or donju, have recently amassed significant wealth through real estate investments.
"Nowadays, people with money in Sinuiju invest in homes, buying...
N. Koreans embrace fall moving season, seek better utilities and market...
North Koreans are increasingly moving homes in the fall, mirroring a seasonal pattern common in South Korea. The trend may reflect the housing construction...
Houses near N. Korean markets remain in high demand despite economic...
While North Korea's marketplaces are facing business difficulties due to rising prices and sluggish spending, nearby houses remain in high demand.
"While market vendors are...
Hamhung pharmacy college cracks down on campus dating with vague directive
Hamhung College of Pharmacy in South Hamgyong province recently issued a warning to students about campus dating, ordering them to date in an "experienced...
New housing projects divide N. Korean opinion between optimism and doubt
North Korean media frequently cover newly built housing complexes nationwide, attempting to demonstrate improving living standards. While these reports raise hopes among some people,...
N. Korean youth delay marriage as housing crisis deepens
Housing has become the primary obstacle preventing young people from getting married, not just in South Korea, but across the border in North Korea...
North Korea’s real estate paradox: soaring prices, no buyers
North Korea's soaring real estate prices stem from wild swings in the won-to-dollar exchange rate, creating a market where prices climb but sales stagnate.
"Housing...
North Korea cracks down on illegal housing sales as real estate...
North Korean authorities have issued an internal directive targeting widespread illegal real estate transactions after discovering rampant home sales across the country.
A source in...
