Landlords in South Korea are responding to the changing market environment by either charging a monthly rental or asking for a substantially higher deposit. Photo: Bloomberg
Low interest rates prompt switch from deposit-based rentals in South Korea
Traditional leasing system going out of fashion as landlords seek higher returns, shifting more money into circulation and helping to lift economy
Landlords in South Korea are responding to the changing market environment by either charging a monthly rental or asking for a substantially higher deposit. Photo: Bloomberg
