Young Koreans’ Rental-related Loans Near 100 tln Won
SEOUL, Aug. 16 (Korea Bizwire) — The outstanding amount of “jeonse” home rental loans among young people rose sharply this year, a lawmaker said Monday. South Koreans in their 20s and 30s hold 96.36 trillion won (US$73.3 billion) in debt issued to pay for deposit-based rental homes, said Rep. Jin Sun-mee of the Democratic Party, [...]