I think something might change and shake things up. 
Especially now that there are better investments than housing. 

Satosora

With Korea's rapid population decline, why wouldn't housing become affordable?

Undisciplined

econ

Non paywalled: https://archive.md/XELuE

Without the Yoon adminstration having full liberty to create stupid policies such as allowing for loans extending over 50 years, the number of buyers with sufficient capital is growing thin.

Don't have high hopes though that housing will ever become affordable over my lifetime.