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4 Korean Apartments Under $330/Month?!
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YouTubeWalk and Talk in Korea
Would You Rent These 3 Korean Apartments Under $330/Month?
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Would You Rent These 3 Korean Apartments Under $330/Month?
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YouTubeWalk and Talk in Korea
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This apartment for just 5.8 million won~ The cheapest apartment in Korea is now available. [Ddang...
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This apartment for just 5.8 million won~ The cheapest apartment in Korea is now available. [Ddang...
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To rent an average apartment in Seoul, you need $520,000 in cash up front. That's the deposit, not the purchase price. The system that requires this was designed for an economy with 15% interest rates. Rates are now 3%. The system never adjusted. Korea's postwar state made a deal with its citizens: sacrifice everything, trust the escalator, real estate is how it pays out. The deposit system (jeonse) was the mechanism. Hand the landlord 50-80% of a property's value up front. They invest it, keep
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TikToksamuelszuchan
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