Relocation Demand to Last Through 2030 Sparks Fear in the Rental Market
Real estate expert Namu Joa-ha analyzed that large-scale relocation demand, beyond general demand, will continue through 2030.
With existing homes being demolished, tens of thousands of residents must find new places to live. In particular, about 40% of relocation demand is estimated to come from people unwilling to move because of local living conditions, such as school-age children, so the shortage of rental supply is expected to worsen further.
