In South Korea, home prices remain low in a market where rentals are preferred. Photo: BloombergIn South Korea, home prices remain low in a market where rentals are preferred. Photo: Bloomberg
In South Korea, home prices remain low in a market where rentals are preferred. Photo: Bloomberg

South Korean housing market hindered by traditional system

South Korea's decades-old lease system is hindering recovery, writes Peta Tomlinson

In South Korea, home prices remain low in a market where rentals are preferred. Photo: BloombergIn South Korea, home prices remain low in a market where rentals are preferred. Photo: Bloomberg
In South Korea, home prices remain low in a market where rentals are preferred. Photo: Bloomberg
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