“Rent is Too Damn High.” That’s the name of a political party in the United States. The Rent is Too Damn High Party was founded by Jimmy McMillan. The African American founder ran for political office in the 1990s and drew...
With the average jeonse price in Seoul millimeters from the 500-million mark, people are taking to the streets and claiming the government is forcing them into rent servitude and denying their rightful place as members of the propertied class.
As a standing committee passed the tenant protection law Wednesday, the real estate market is seeing a massive shortage in supply of such properties, pushing the price up for 52 consecutive weeks.
Korea JoongAng Daily Sitemap