Amid the rapid nationwide spread of monthly rent contracts, monthly rent has surpassed jeonse (lump-sum deposit) contracts, ...
South Korea’s rental market operates on what’s known as the Jeonse system. You put down a deposit equal to about 50% of the value of the home you’re renting. So, no small investment. But then, you pay ...
Seoul apartment rents hit record as jeonse shifts to monthly payments Monthly leases take majority in Seoul as tighter loans and fewer listings push jeonse out ...
Real estate taxation and housing supply alike require consistency to succeed. Like the price of jajangmyeon, which rises ...
Listings for Seoul apartments have topped 70,000, rising about 30% in a month. While more landlords are putting homes up for sale under government tax pressure, the jeonse and monthly rent supply ...
Last month, apartment prices in Seoul rose by 0.66% compared to the previous month. This is the lowest rate of increase since ...
The methods of regulation may differ, but the paradox remains the same. Policies intended to stabilize the housing market can end up placing even greater pressure on tenants. It raises a question: who ...
After reading the title, readers might think that I have gone bonkers. And rightly so — it’s exactly the time for non-ordinary thinking. I repeat ...
President Lee Jae Myung has declared war housing speculation, using X as both a megaphone and a pressure tool. “For the sake of a sensible and prosperous nation ...
The gap in first-grade enrollment at elementary schools has widened sharply this year, reaching a 59-fold difference between schools within the same district. A ...
Following last year’s June 27 measures, which effectively blocked new gap investments, the financial authorities are now strengthening regulations on ...