Property values, though, are not the only reason the citizens of Seoul have turned against new towns. Many of the new towns have been built so far out into the periphery that it takes hours to commute to the city, where jobs are. And many residents have been priced out of the marketplace, taking buyouts for their demolished homes that don’t come close to paying for new ones in the city. (via Seoul Ends Failed ‘New Towns’ Project - Housing - The Atlantic Cities)
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