A camping site in Jeju Island on Sept. 29, 2020. (Yonhap)
JEJU, Jan. 6 (Korea Bizwire) — So-called “holdout” tents, referring to the tents remaining unused for long periods that dot the camping sites along the shores of Jeju Island, remain an issue of concern for local authorities.
Originally, “holdout” refers to the behavior of purchasing one or more parcels of land on a project site just before the project gets underway and selling them back to the developer at much higher prices.
In this case, however, it refers to setting up a tent in a good place and leaving it there for later use.
The Jeju city government issued a notice through its website that it would remove the seven tents remaining unused for extended periods at camping sites along Hyeopjae and Geumneung beaches if they are not voluntarily removed by Jan. 16.
Previously, the city government attached a letter of notification to encourage the voluntary removal of the tents and issued a public notice in lieu of service last month. At present, the owners of the tents are unknown.
The camping sites are available for free on a first come first serve basis throughout the year. There is no rule on the maximum period of use.
Even if the tents remain unused for extended periods, it’s difficult to remove them in case many household furniture items still remain inside the tents. They can be removed only when they are finally judged to be decrepit tents.
Taking this into consideration, some people install their tents in a good place and then leave them there for extended periods for later use.
J. S. Shin (js_shin@koreabizwire.com)
