A tenant paying 740,000 won a month in rent switches the same flat to jeonse and the monthly cost drops to 530,000 won. The landlord, instead of pocketing the 200 million won deposit, hands it to the...
Jeonse Rent Guide: How to Choose Between Korea’s Two Lease Systems
Kim Ji-hoon (29), who is about to get married, recently started looking for a place to live and hit a wall. Two apartments of the same size caught his eye: one offering 전세 at 300 million won, the...
