SEOUL, Sept. 10 (Korea Bizwire) — In the South Korean film “Microhabitat” released last year, the protagonist Mi-so hits the streets when she is no longer able to afford paying rent for her apartment. The film was critically acclaimed for featuring a story that reflected the realities of the younger generation, many of whom are [...]
SEOUL, Jul. 27 (Korea Bizwire) — A middle-aged South Korean woman got married to and divorced from the same man twice, a rare occurrence in most parts of the world. But the couple’s on-again, off-again relationship may have been motivated by more than just their feelings for each other: The couple’s fake divorce appears to [...]
SEOUL, Jun. 4 (Korea Bizwire) — Stray cats are not usually associated with local elections, but as animal welfare gains more prominence as a social issue, the furry creatures are creating ripples in the upcoming election. This is especially true in the case of the street cats left behind at a large apartment complex in [...]
SEOUL, May 18 (Korea Bizwire) — As public concerns over fine dust continue to rise, the use of a type of photocatalyst paint has been proposed to combat air pollution. The paint, applied to the exterior of buildings, would break down the polluted substances by absorbing light, catalyzing the paint’s clean-up function. Another idea to [...]
SEJONG, Apr. 20 (Korea Bizwire) — The South Korean government has scrapped plans to intervene in a conflict between couriers and an apartment complex after local residents banned delivery vehicles from entering in fear of potential traffic accidents. In a statement released Thursday, the Ministry of Land, Infrastructure and Transport said, “We tried to help delivery [...]
SEOUL, Mar. 19 (Korea Bizwire) — The burden of buying a house in Seoul has risen to a 6-year high as demand for homes in the affluent Gangnam district surged despite the government’s measures to cool the property market, data showed Monday. The Korea Housing Affordability Index rose to 116.7 in the fourth-quarter of last [...]
SEOUL, Mar. 2 (Korea Bizwire) — Purchasing a home may be the largest-ever financial transaction for many ordinary citizens, such as Han Jung-min, a 40-something office worker who dreams of settling down in the posh district of Gangnam in southern Seoul. The problem facing such first-time homebuyers always boils down to timing — is it [...]
SEOUL, June 5 (Korea Bizwire) – Murder and violence cases stemming from neighbor disputes over floor noise are on the rise in South Korea, where approximately six out of 10 people live in apartments or row houses, according to government data and police on Saturday. Earlier this week, a 50-year-old resident of a studio apartment [...]
SEOUL, May 24 (Korea Bizwire) – New statistics show an increasing number of South Korean baby boomers in their 50s are purchasing smaller apartments. Daewoo Engineering & Construction (Daewoo E&C) teamed up with the industry academic research team at Konkuk University and conducted a big data analysis which revealed that over 36 percent of buyers [...]
SEOUL, May 18 (Korea Bizwire) – Following years of criticism against the poor working conditions suffered by apartment janitors, who sometimes work up to fifteen hours per day, efforts to improve the situation are being reported across the country. A number of supportive measures at both the city and district level include a subsidy for construction [...]