12 Jun '18, 6pm

Investors scramble to acquire property along the DMZ in the aftermath of the Singapore summit

Investors scramble to acquire property along the DMZ in the aftermath of the Singapore summit

Authored by Fred Dunkley via SafeHaven.com, Welcome to the demilitarized zone between North and South Korea, where real estate prices are reportedly skyrocketing as peace-profiteering makes an outsized bet that the unlikely trio of Donald Trump, Kim Jung-un and Dennis Rodman will end the nuclear threat and render the DMZ the place to be. From February to March this year, land deals in Paju more than doubled, according to South Korean government data cited by Reuters , and it’s enough to outshine the trendy Seoul neighborhoods, like Gangnam . Paju, located at the 38th parallel and right on the border with North Korea and the home of a strategic South Korean military base, is considered the gateway to the United Nations’ ‘truce’ village of Panmunjom—and then to North Korea itself. (Click to enlarge) And it’s turning into a major tourist attraction, land mines and all. (Click...

Full article: https://www.zerohedge.com/news/2018-06-12/investors-scram...

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