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Deep Dives

In-depth reporting and explainers on the ideas, institutions, and forces shaping everyday life.

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Korean apartment lease with lump-sum jeonse deposit stack and blank monthly rent calendar
Deep Dive

Why Korea Still Rents With Lump-Sum Deposits the Size of a Home Loan

Jeonse looks like prepaid rent, but landlords price the lump sum like a bond yield—and when safe rates moved, the deposits moved with them.

Minseo Park 박민서

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