About

Jung, thirty four, recently decided to move after working four decades renting some sort of studio house near Dangsan Station, within Seoul’s Yeongdeungpo District, within Korea’s unique “key dollars (jeonse)” set up. Jung had been visiting business in addition to two-bedroom apartments about often the station for a good few of months, nevertheless he’d experienced trouble finding whatever for under 200 million won (US$166, 533) in important cash, a large lump-sum deposit, something known like jeonse in Korea the fact that serves as an substitute to regular monthly rent. Just about https://taziex82.biz/ of the places in the marketplace required monthly rent. This jeonse technique was frequent among Korean landowners inside times when interest fees were being high, which made that profitable to easily let a huge sum associated with money sit in a great account.