Not Even in Seoul, Yet 2.2 Billion Won: Dongtan Is Following in the Footsteps of Silicon Valley

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 AI money.

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

However, this picture looks identical to the 2.2 billion won price tags in Dongtan, driven up by semiconductor performance bonuses...

It does not feel like someone else's story anymore.

Reported and written by Yeo Hyeon-gyo | Assistance: Lee Mi-seon | Design: Jo Seung-hyun | Video Editing: Park Seo-yeon
※ Please note: This article was translated by AI and may contain errors.