Rising rent
![Apartment complexes seen from Mount Namsan in central Seoul, Wednesday. In the December-January period, the amount of deposit money for monthly rent contracts and jeonse, or lump-sum deposits, shrank compared to two years ago, but the monthly rent payment increased by 25 percent during the same period, according to Yonhap and real estate agency Budongsan 114. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2023/03/01/c79a525c-90b8-490e-ba70-dd376a2d79b6.jpg)
Apartment complexes seen from Mount Namsan in central Seoul, Wednesday. In the December-January period, the amount of deposit money for monthly rent contracts and jeonse, or lump-sum deposits, shrank compared to two years ago, but the monthly rent payment increased by 25 percent during the same period, according to Yonhap and real estate agency Budongsan 114. [YONHAP]
with the Korea JoongAng Daily
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