Korea's rental market is swiftly pivoting from its traditional Jeonse system to more common monthly rent (Wolse). This fundamental shift is propelled by low interest rates, making Jeonse less profitable for landlords, and the profound 'Jeonse Fraud' crisis. As confidence in large deposits wavers, tenants increasingly opt for Wolse. This signals a significant reorientation in Korean housing dynamics, presenting new considerations for anyone looking to rent in Korea.
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South Korea Rental System: Jeonse, Wolse, & Banjeonse
The Dubai Luxury Real Estate Boom: Why 2025 Is the Year to Invest
Buying Property in the Netherlands: What You Need to Know!
Netherlands Property Investment: Key Reasons to Invest Now