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Buam-dong & Pyeongchang-dong · ⚖️

When the Regulation That Protected the View Becomes a Wall Around Wealth

The very regulations that blocked development and preserved this low-rise landscape have also hardened this neighborhood's reputation as an exclusive, hard-to-access enclave for the wealthy.

Key takeaways

Proximity to the former presidential compound and the Development Restriction Zone designation preserved Buam-dong and Pyeongchang-dong's low-rise landscape. Fact But that same regulation and terrain, instead of attracting large apartment complexes, drew in expensive single-family houses and villa-style residences — turning this hillside into both "a picturesque neighborhood" and, simultaneously, "a wealthy enclave."

The ones who benefit are the property owners who kept both the low-rise view and their asset values intact. The ones who bear the cost are visitors inconvenienced by poor public-transit access, and the early wave of artists who moved in during the neighborhood's cheap-rent years, only to be priced out later. The ones living with the outcome today are visitors experiencing a neighborhood now organized largely around paid private museums.

Visitors arriving on a spontaneous whim are part of this same structure. As more visitors crowd into these narrow lanes, parking and noise problems can follow.

What to look for on site

A structural question worth carrying with you

Is the scenery that development restrictions preserved really being enjoyed only by the people who happen to own it? FIT TRIP won't answer that for you — but it's worth carrying the question as you walk.