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Seoul housing debt

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Like their American counterparts, many South Koreans are swimming in household debt.
Seoul housing debt

An apartment area is shown in Seoul on Aug. 29, 2012. Last year household debt stood at 152.3 percent of disposable income, but President-elect Park Geun-hye — who won the election in late December — has pledged relief for when she assumes office in February 2013.

Jung Yeon-Je