Jeonse: South Korea’s Unique Housing System Between Monthly Rent and Homeownership
When young adults typically leave their parents’ homes to live independently, they usually enter into a monthly rent (월세, wolse) agreement, paying a landlord a set amount each month. Unless their parents purchase a home for them, wolse is the common path. However, South Korea boasts a unique system known as Jeonse (전세). In a … 더 읽기