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"2.2 Billion Won, Not Even in Seoul"... Dongtan Is Following in the Footsteps of Silicon Valley [Video Mug]

A neighborhood where a house listed for 6 billion won sells for 10 billion won in just one week—this is San Francisco, flooded with .

With developers earning an annual salary of 300 million won struggling to afford rent and sharing rooms with friends, one has to wonder who is actually benefiting.

Yet, this picture looks identical to the 2.2 billion won prices in Dongtan, driven up by semiconductor performance bonuses...

It does not feel like a story about someone else.

Reported and written by Yeo Hyeon-gyo | Assistance by Lee Mi-seon | Design by Jo Seung-hyun | Edited by Park Seo-yeon

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