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Seoulite Couple Needs 28.5 Years to Lease a “Jeonse” House

Seoulite Couple Needs 28.5 Years to Lease a “Jeonse” House

SEOUL, Oct. 30 (Korea Bizwire) – It takes 28.5 years for a newlywed couple to lease a “jeonse” apartment in Seoul, according to the Citizens’ Coalition for Economic Justice which analyzed data from Kookmin Bank, Statistics Korea and the Ministry of Employment and Labor. Houses in capital regions such as Gyeonggi Province and Incheon City take [...]