"서울시민 월급 한푼 안쓰고 모아도 아파트 사는데 12년 걸려"<br /><br />New figures show an average household in Seoul would have to save ALL their income for more than 12 years just to buy an average-priced apartment in the city.<br />According to data released by National Assembly Research Service on Monday, the Price to Income Ratio, that measures the affordability of homes in a certain area,... came to 12-point-one-three in Seoul last year.<br />The average price of an apartment in Seoul was just under 700-thousand U.S. dollars as of December 2019.<br />In a bid to tame the overheated housing market,... the government is set to reveal plans to build more housing units in and around Seoul.<br />
