A view of apartments from Seoul Sky at the top of the Lotte World Tower in Songpa District, southern Seoul on Wednesday. According to the government, it will announce new measures to curb jeonse prices on Thursday. [YONHAP]
Spending more to rent than buy an apartment
95 percent of young Koreans think owning a home is essential
High-end rentals becoming more expensive faster
Four in ten apartment contracts in August were monthly rentals
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