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Doncarlo
PolyMatter
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Comments by "Doncarlo" (@doujinflip) on "Rent is Free in South Korea. What’s the Catch?" video.
tldr It’s the Jeonse 전세 system, where tenants lend the landlord much of the value of an outright purchase, in exchange for a multi-year lease at reduced or even no rent in lieu of interest. Sounds like a pretty good deal on paper, but there have been cases of landlords deducting for “damages” and other “fees” when they’re supposed to give back every Won to that former tenant.
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