The monthly increase in house prices across the country, including Seoul, fell sharply for the second consecutive month and the increase in jeonse prices ...
Victims of Jeonse scams shout slogans in front of the Supreme Court in Seocho-gu, Seoul, on November 6, calling for harsh punishment for the scammers in Michuhol-gul, Incheon. Reporter Han ...
Then real estate scammers took his money. South Korea's rental housing market features a unique system known as "jeonse" in which tenants pay huge deposits -- sometimes hundreds of thousands of ...
“Realistically, I don’t believe I will get everything sorted by November, when my jeonse expires.” Under a system that’s unique to South Korea, landlords collect a deposit called jeonse ...
The "jeonse ratio," the ratio of housing deposit compared to the market value of apartments, dropped to the lowest in six years in Seoul and the surrounding Gyeonggi Province region, continuing ...