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This Individual Project requires you to describe and analyze real estate markets
This Individual Project requires you to describe and analyze real estate markets in a country of
your choice (I choose Korea).
Once you’ve selected a country, please put together a PPT as follows:
1) Title Slide (5 points) Country name and picture(s); your name; group name
2. House Prices (Slides 2-4; 15 points) Plot the data on house prices over a time period that you
select (the longer the better). Describe the trends and cycles in the house price data over the
selected period.
2) Housing ‘Quantities’ (Slides 5-7; 15 points) Plot the data on housing quantities over a time
period that you select (the longer the better). Describe the trends and cycles in housing
quantities over the selected period. Describe if there is a relationship between housing prices
and housing quantities.
3) Drivers of Housing Markets (Slides 8-13; 30 points). What factors can explain the trends and
cycles in housing markets in your country?
4) Housing ‘Bubbles’ (Slides 14-16; 15 points). Discuss the evidence on housing ‘bubbles’ in
your country. Describe the steps that policymakers in the country took to tame such bubbles.
5) Housing Affordability (Slides 17-19; 15 points). Summarize developments in housing
affordability in your country.
6) ‘Open discussion’ (Slides 20-24; 10 points). You are free to innovate and add material of
interest for your chosen country based on topics discussed in class or other aspects of real
estate markets that are of interest to you.
7) Concluding slide: (Slide 25; 5 points). Takeaways.
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