“Even in Dongtan, the price of apartments near GTX-A Dongtan Station, which has easy transportation and a concentration of department stores and convenience facilities, is nearly four times the difference between those that are not. Some apartment landlords in Dongtan, who were already frustrated with housing prices hovering around 500 million won, are particularly dissatisfied with this regulation.” This is the public opinion conveyed by Mr. A, who runs a real estate agent office in Dongtan-gu, Hwaseong-si, Gyeonggi-do. The explanation is that recent housing prices have soared only in the so-called ‘yolk’ area around Dongtan Station, with no significant changes in the rest of the area. Recently, Dongtan-gu, along with Giheung-gu, Yongin-si, and Guri-si, were listed as targets of triple real estate regulation (overheated speculation zone, area subject to adjustment, and land transaction permit zone). Accordingly, the mortgage loan recognition ratio (LTV) was lowered from 70% to 40%, and so-called ‘gap investment’, which involves buying a house with a jeonse lease, was also banned. The reason why the regulatory bomb was dropped in Dongtan was due to the rapid increase in real estate prices, especially in the so-called ‘shuttle bus station area’ where Samsung Electronics and SK Hynix commuter shuttle buses travel. According to the Korea Real Estate Agency