Name: Seoul's population is decreasing, so why are Seoul's home prices rising? | Chesley Investment Advisory Executive Director Park Se-ik [Womae Shinbak / 26.09.08.Tue]
Uploaded: 2026-09-08T07:00:06+00:00
Duration: 3872 s

Speakers

Park Se-ik — CEO, ex-Chief Strategist

Summary

Park Se-ik reads and comments on market news, including rapid won appreciation and the NPS's reduced currency hedging, Korea-US nuclear power investment plans, a semiconductor rebound driven by AI memory demand, and a structural explanation for Seoul apartment prices staying firm despite population decline. He separately reiterates a bullish one-year view on Korean index ETFs bought during the August crash and highlights positive spillovers for Korean power-related industries from US nuclear projects.

Reviews recent KRW appreciation and the NPS decision to reduce FX hedging.
Discusses the proposed $200bn Korea-US investment fund focused on nuclear and gas power and positive spillover to Korean industries.
Covers the semiconductor rally led by AI and memory supply shortage expectations.
Notes retail investors' record US bond buying and rising FX/rate risks.
Explains Seoul apartment prices via rising household numbers despite falling population.
Covers Illumina's S&P 500 reentry and NGS sequencing monopoly.

Ideas

Park Se-ik CEO, ex-Chief Strategist 22:01

Korean index ETFs will recover profitably.

He argues Korean equity indices will recover strongly by next year and says that during the two-day crash he bought KODEX 200 and TIGER KOSDAQ 150 ETFs with the intention of showing they can be profitably exited; he expects accounts and the domestic index to be much higher than the panic levels seen around the July/August crash.

Park Se-ik CEO, ex-Chief Strategist 38:21

US nuclear projects benefit Korean power sector.

He views the proposed $200bn Korea-US investment fund's focus on US nuclear and gas power projects as the best available use of forced US investment because it channels project spending back to Korean nuclear and power plant equipment and construction companies, creating relatively clear spillover benefits for related Korean industries.

Park Se-ik CEO, ex-Chief Strategist 53:24

Seoul apartments supported by rising households.

He agrees with the structural argument that falling Seoul population does not mean falling Seoul apartment prices: housing demand follows households, not headcount, and Seoul's total households are projected to rise until 2038 as average household size falls, while Seoul also captures demand from the wider metro area.

This Chesley Investment Advisory (체슬리투자자문) video, published September 08, 2026, features Park Se-ik discussing TIGER KOSDAQ 150 ETF, KODEX 200 ETF, Korean nuclear and gas power plant equipment and construction, Seoul apartment market. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Se-ik · Tickers: TIGER KOSDAQ 150 ETF, KODEX 200 ETF, Korean nuclear and gas power plant equipment and construction, Seoul apartment market

Seoul's population is decreasing, so why are Seoul's home prices rising? | Chesley Investment Advisory Executive Director Park Se-ik [Womae Shinbak / 26.09.08.Tue]

Summary

Ideas

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