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Old Posted Dec 31, 2011, 7:24 PM
Onn Onn is offline
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Join Date: Apr 2010
Location: The United States
Posts: 1,937
This one here is in Busan, not Seoul. And I know there is at least one planned for Incheon too. Korea's economy cannot sustain the growth rate of the last decade, which has partly been fueled by government spending (infrastrustrure) and China's economic bubble. Korean household debt is also far above where it should be today, while exports are falling to the west. 1000ft+ skyscrapers have been proposed in Tokyo before though, but never built. I can't help but feel this project, as well as many others in Asia, have a little too much of Dubai in them.
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