A nation must think before it acts.
Five-star beachfront hotels? Skyscrapers just blocks from Kim Il Sung Square?
North Korea is racing forward with major development projects that some experts believe are aimed at expanding a market for rented or privately owned real estate to help fortify the finances of Kim Jong Un’s regime against the bite of sanctions over its nuclear program.
A swelling market for private property doesn’t sound very socialist, and it’s not.