Government Repays Security Deposits on Behalf of Landlords for the First Time, Signaling a Cooling of Jeonse Fraud
South Korea’s Jeonse Deposit Refunds Decline for the First Time Recent data indicates a significant shift in South Korea’s housing market: for the first time, the amount of jeonse deposits returned to renters by landlords decreased last year. This marks a departure from the past trend and signals potential challenges for both renters and landlords … Read more
