Q. I have seen many Koreans in my country i met two korean businessmen working in real estate one is from the north and one from the south they both speak the same language i believe they can understand each other and they all look alike and much like east and west Germany (now reunited)
A. I never ever met a North Korean before, but plenty of South Koreans. You sure that person was North Korean because they are not allowed to travel much. Its hard to believe this story.
Are the North Korean nuclear tests just a cunning way of manipulating Tokyo real estate prices?
Q. Which is another way of asking if the Glorious Leader of North Korea just your garden variety real estate speculator?
A. Yes.
It is a massive conspiracy by Kim Jong Il to crash the Tokyo and Seoul RE markets so he can buy up commercial properties cheap.
Then he will announce to the world that he is dismantling his nuclear program and reunifying with South Korea.
This will cause values to skyrocket and he will reap a princely sum on the appreciation.
Or, perhaps you have your tinfoil hat on a bit tight.
It is a massive conspiracy by Kim Jong Il to crash the Tokyo and Seoul RE markets so he can buy up commercial properties cheap.
Then he will announce to the world that he is dismantling his nuclear program and reunifying with South Korea.
This will cause values to skyrocket and he will reap a princely sum on the appreciation.
Or, perhaps you have your tinfoil hat on a bit tight.
What is Korean won worth compared to American dollars?
Q. I know that one won equals like 0.0008888 of an American dollar, but I'd like to know like how much do phones cost, how much is too expensive for something... If this makes sense. Like, how much do iPhones cost in Korea, and is that considered expensive... how much are houses.... so what's the worth of Korean won? Can you buy anything with a single won? How many won is a pack of gum? That kind of thing.
Thanks so much!
Thanks so much!
A. 1 South Korean won is currently about 0.000885 US dollars. Conversely, this means that 1000 won is about 88 US cents.
Korean notes come in 50,000 (yellow), 10,000 (green), 5000 (red) and 1000 (blue). The coins are 500, 100, 50, 10, 5 and 1. In practice, the 5 and 1 won coins are very rare- in Korea, it's considered very good luck to get a 1 won coin.
The new iPhone 4S is coming out in Korea next week, the 16GB version starts at 225,000 won (about $200 USD). For a phone in Korea, about 25% higher than the cost of a domestic brand (LG, Samsung etc) phone.
Real estate in Korea is very expensive, and houses vary by price pretty drastically depending on the area. For example, in the Guro area of Seoul (close to where I live) a 3 bedroom house will run you around 1.8 million won per month to rent. (about $1600). This goes way up the closer you get to well-known areas, apartments of a similar size in the Gangnam and Seocho areas can be more than 4 times that much.
You cannot buy anything with a single won, anywhere in the country :D
A pack of gum costs anywhere between 500 won to 1500 won depending on the brand.
Hope this helps!
Korean notes come in 50,000 (yellow), 10,000 (green), 5000 (red) and 1000 (blue). The coins are 500, 100, 50, 10, 5 and 1. In practice, the 5 and 1 won coins are very rare- in Korea, it's considered very good luck to get a 1 won coin.
The new iPhone 4S is coming out in Korea next week, the 16GB version starts at 225,000 won (about $200 USD). For a phone in Korea, about 25% higher than the cost of a domestic brand (LG, Samsung etc) phone.
Real estate in Korea is very expensive, and houses vary by price pretty drastically depending on the area. For example, in the Guro area of Seoul (close to where I live) a 3 bedroom house will run you around 1.8 million won per month to rent. (about $1600). This goes way up the closer you get to well-known areas, apartments of a similar size in the Gangnam and Seocho areas can be more than 4 times that much.
You cannot buy anything with a single won, anywhere in the country :D
A pack of gum costs anywhere between 500 won to 1500 won depending on the brand.
Hope this helps!
What foreign relation issues prompted the Filipinos to drive Americans away and close two huge military bases?
Q. Were there only college students protesting or did the crowd look more like the masses during the "people power" of a few years back?
A. "The original Military Bases Agreement of 1947, amended in 1959 and again in 1979, was scheduled to expire in 1991 unless an extension was negotiated. Negotiations for continued United States use of the two major bases in the Philippines--Clark Air Base in Pampanga Province and Subic Bay Naval Base in Zambales Province--had begun in 1990. The tenor of the negotiations changed significantly, however, in 1991, when the end of the Cold War made the bases less important and the eruption of the Mount Pinatubo volcano rendered Clark Air Base unusable. By the end of August 1991, United States and Philippine negotiators had agreed to extend the United States lease of Subic Bay Naval Base for another ten years in return for US$360 million in direct compensation for the first year and US$203 million for the remaining nine years of the lease. But in September 1991, the Philippine Senate rejected the agreement........ Fidel Ramos succeeded Corazon Aquino as president of the Philippines on June 30, 1992, after winning a 23.6 percent plurality in the May 11, 1992, general election. Ramos, secretary of national defense in the Aquino administration and handpicked by Aquino to succeed her, narrowly defeated Secretary of Agrarian Reform Miriam Defensor Santiago, who received 19.8 percent of the vote, and former Marcos crony Eduardo Cojuangco, who received 18.1 percent. "
it is notable that the Defensor family now runs the former US Navy golfclub as a private "spa" for weathy koreans, along with a variery of other rackets in the now "privatised" subic freeport.
the main arguments to close subic were absurd: 1) that filipinos would be in a better position to negotiate a better lease, after the lease was terminated, and make more money. 2) that the philippines would be a stronger and more independant nation after ousting the usa military, by building up the AFP (..lol..) 3) 'experts' claimed that US bases were no longer needed, as the cold war and soviet union was over, hundreds of US military bases around the world closed down around the same time, so in this sense the Subic closure was unremarkable. No one considered China a military threat, nor even a significant ecnomic power at that time. What was remarkable about the closure of subic was that it left a power vacuum in the south china sea, that worsened with the further decline of the AFP (rather than the AFP build up promised by the subic base closers). China quickly filled the vacuum that the us navy and declining afp left behind.
The filipino Senate ignored Cory Aquino's "people power" rally of 150,000 supporters.. and refused to put the Subic base issue to a voter referendum... radical anti-usa crackpots protesting against US bases numbered below 100. It is notable that GW Bush scrambled 1 US fighter jet from Clark AFB to support president Aquino in a revolt led by filipino airforce officers in 1989. It is also notable that China agressively siezed several islets and reefs, and claimed all the spratly islands within 2 years following closure of Subic.
Tthe closure of Subic may have been to transfer valuable real estate into the hands of the same anti-usa filipino politicians and thier families that pressed for closure, who now run the nightclubs and other rackets around subic. Many claims are made that subic freeport is now a greater economic asset than was subic naval base.. this is very hard to reckon with arial photos that show subic was one of the busiest seaports and shipbuilding ports in the world when the navy base was there, and today photos show subic nearly vacant, and most of the billion dollar US built facilities are still idle, Due to excess capacity at Subic, there is no logical argument that the US base would have interfered with private development at Subic, or that the private development at Subic could have been developed elsewhere. Maybe some earned a few pesos on the liquidation sale of the former subic base real estate?
Dont' swallow the anti-usa propaganda about how us bases were shamefully over-run with hookers 'back then'. Reality check: yeah there were a few small, discrete adult clubs around the base entrance, as is typical of many bases around the world (except some strict muslim nations). These tiny bars were a downlow sideshow to the large Clark and Subic bases, which were the main event. Now there are hundreds of huge, rowdy, wild and crazy adult 'meat markets' that are the main industry, employment and attraction in these former base towns today. A few years after clark closed, the 100 year old redlight district of ermita was relocated to Angeles city; the adult nightlife, barscene,, 'romance tourism' is now ten times larger, and more profitable, than it was durring the US military era.. also don't swallow the anti-usa bile about pollution, etc.. as filipino politicans demanded money to clean up the bases, instead of a US clean up, and of course pissed away the money and never did the clean ups.
it is notable that the Defensor family now runs the former US Navy golfclub as a private "spa" for weathy koreans, along with a variery of other rackets in the now "privatised" subic freeport.
the main arguments to close subic were absurd: 1) that filipinos would be in a better position to negotiate a better lease, after the lease was terminated, and make more money. 2) that the philippines would be a stronger and more independant nation after ousting the usa military, by building up the AFP (..lol..) 3) 'experts' claimed that US bases were no longer needed, as the cold war and soviet union was over, hundreds of US military bases around the world closed down around the same time, so in this sense the Subic closure was unremarkable. No one considered China a military threat, nor even a significant ecnomic power at that time. What was remarkable about the closure of subic was that it left a power vacuum in the south china sea, that worsened with the further decline of the AFP (rather than the AFP build up promised by the subic base closers). China quickly filled the vacuum that the us navy and declining afp left behind.
The filipino Senate ignored Cory Aquino's "people power" rally of 150,000 supporters.. and refused to put the Subic base issue to a voter referendum... radical anti-usa crackpots protesting against US bases numbered below 100. It is notable that GW Bush scrambled 1 US fighter jet from Clark AFB to support president Aquino in a revolt led by filipino airforce officers in 1989. It is also notable that China agressively siezed several islets and reefs, and claimed all the spratly islands within 2 years following closure of Subic.
Tthe closure of Subic may have been to transfer valuable real estate into the hands of the same anti-usa filipino politicians and thier families that pressed for closure, who now run the nightclubs and other rackets around subic. Many claims are made that subic freeport is now a greater economic asset than was subic naval base.. this is very hard to reckon with arial photos that show subic was one of the busiest seaports and shipbuilding ports in the world when the navy base was there, and today photos show subic nearly vacant, and most of the billion dollar US built facilities are still idle, Due to excess capacity at Subic, there is no logical argument that the US base would have interfered with private development at Subic, or that the private development at Subic could have been developed elsewhere. Maybe some earned a few pesos on the liquidation sale of the former subic base real estate?
Dont' swallow the anti-usa propaganda about how us bases were shamefully over-run with hookers 'back then'. Reality check: yeah there were a few small, discrete adult clubs around the base entrance, as is typical of many bases around the world (except some strict muslim nations). These tiny bars were a downlow sideshow to the large Clark and Subic bases, which were the main event. Now there are hundreds of huge, rowdy, wild and crazy adult 'meat markets' that are the main industry, employment and attraction in these former base towns today. A few years after clark closed, the 100 year old redlight district of ermita was relocated to Angeles city; the adult nightlife, barscene,, 'romance tourism' is now ten times larger, and more profitable, than it was durring the US military era.. also don't swallow the anti-usa bile about pollution, etc.. as filipino politicans demanded money to clean up the bases, instead of a US clean up, and of course pissed away the money and never did the clean ups.
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