construction in Gwanak-gu during "the IMF" and after
|Number of building permits in Gwanak-gu by year:|
units m2Source: Gwanak-gu Statistical Yearbook (hwp file).
This is perhaps the most dramatic piece of statistic I've seen about the economic crisis of the late 1990s. This should pretty much tell what it's been like to be a day laborer in construction or an owner of a construction company in '98 and '99. This also gives some perspective to what the neighborhood people referred to with terms like "wôllum bum" (studio apartment boom) after year 2000; restaurant keepers catering construction sites were busy.
People at House of Friendship (Sillim 2-dong, Gwanak-gu) prepare for a construction site delivery. (c)AL, June 11, 2002
Categories at del.icio.us/hunjang: Sillim/Gwanak ∙ housing ∙ urbanspace ∙ modernization