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Inside notoriously ritzy Gangnam, 'the Beverly Hills of South Korea'
Business Insider ^ | June 22, 2018 | Harrison Jacobs and Myelle Lansat

Posted on 06/22/2018 3:37:37 PM PDT by 2ndDivisionVet

The Gangnam district is known as "South Korea's Beverly Hills" for its exorbitant real-estate prices and wealthy residents.

•Property in Gangnam is three and a half times as expensive as South Korea's real-estate average.
•The Gangnam neighborhoods of Cheongdam and Apgujeong are full of luxury fashion houses, plastic-surgery clinics, high-end real estate, and the homes of many Korean celebrities.
•PSY's international song "Gangnam Style" famously lampooned the wealthy district, which has an outsized reputation in Korean culture.

Ever since PSY's international mega-hit "Gangnam Style" in 2012, people all over the world have heard the name of Seoul's most affluent district.

But few know what the area called "the Beverly Hills of South Korea" is actually like.

While the district is an economic hub for some of the most powerful companies globally, including Google, IBM, and Toyota, its real heart is its residential areas, where the deposit to rent a home costs 10 years of salary for the average Korean.

Living in Gangnam — and more specifically living in the Gangnam neighborhoods of Cheongdam-dong and Apgujeong-dong — is a status symbol that many Koreans aspire to. Cheongdam-dong and Apgujeong-dong are home to many Korean actors, actresses, and idols, miles of luxury retail, a wild nightlife, and Korea's biggest entertainment companies....

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Local News; The Guild; Travel
KEYWORDS: entertainment; fashion; korea; retail

1 posted on 06/22/2018 3:37:37 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
Youtube: Gangnam Style
 
2 posted on 06/22/2018 3:40:47 PM PDT by Governor Dinwiddie (MAGA in the mornin', MAGA in the evenin', MAGA at suppertime . . .)
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To: Governor Dinwiddie

Heeeyyyy sexy lady (not you, the lyric haha)


3 posted on 06/22/2018 3:46:43 PM PDT by deks
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To: Governor Dinwiddie

Wow, 3.1 Billion views on that video now


4 posted on 06/22/2018 3:49:25 PM PDT by deks
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To: 2ndDivisionVet

The average price of a home in Beverly Hills is probably about $8 million (which I’m sure the typical Freeper can afford).


5 posted on 06/22/2018 3:53:00 PM PDT by Jyotishi (Seeking the truth, a fact at a time.)
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To: 2ndDivisionVet

6 posted on 06/22/2018 3:53:01 PM PDT by COBOL2Java (Marxism: Wonderful theory, wrong species)
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To: 2ndDivisionVet

I’ll admit that because of the video, I became inordinately excited when I took the Seoul subway and it went through Gangnam station. I didn’t even get off and walk around the district, since going through the station was exciting enough.


7 posted on 06/22/2018 3:55:24 PM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: 2ndDivisionVet

Cheongdam-dong and Apgujeong-dong ~ This dong, that dong ~ whatever...


8 posted on 06/22/2018 4:01:05 PM PDT by heterosupremacist (Resistance to tyrants is obedience to God. - (Thomas Jefferson)
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To: 2ndDivisionVet
A slight name change and works for NK.

Poor Mexico, so far from God and so close to the United States!

Rocketman could only dream of this neighborhood.

9 posted on 06/22/2018 4:58:44 PM PDT by DUMBGRUNT (This Space for Rent)
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To: 2ndDivisionVet

Never knew that Gangnam was a neighborhood in South Korea.


10 posted on 06/22/2018 5:01:18 PM PDT by Moorings
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To: exDemMom

Did you do the Gangnam dance as you went through the station?


11 posted on 06/22/2018 5:02:23 PM PDT by Moorings
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To: Moorings

Haha, no.


12 posted on 06/22/2018 5:36:55 PM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: 2ndDivisionVet

Apgujeong-dong is a lot of fun. Very trendy, upscale, clean, lots to do, very good restaurants. Other good places in Seoul: Myeong-dong, for lots of little shops plus nice snackbars and restaaurants. Dongdaemun, wholesale clothes heaven. If you want big bargains on name-brand clothing, watches, and clothing for all ages, it’s the place.


13 posted on 06/22/2018 7:07:22 PM PDT by Marechal
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To: Marechal

Unlike big cities like New York, Los Angeles or Chicago I never felt in danger in Seoul, even though it is much bigger than they are.


14 posted on 06/22/2018 10:26:49 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

Looking over the photos I noticed there wasn’t any trash. Very clean.

Here are images of the clean streets of Los Angeles.
https://tinyurl.com/yacs485g


15 posted on 06/22/2018 10:49:08 PM PDT by minnesota_bound
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To: minnesota_bound
But where will Beverly Hills and the Gangnam district house their homeless?
16 posted on 06/23/2018 7:21:11 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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