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
Property /  International

South Korean housing market hindered by traditional system

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

Peta Tomlinson
Peta Tomlinson

Updated: 5:13am, 4 Jun, 2014

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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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