Here is the first informative news.
Even if the deposit goes up, they just stay.
Many of you live on jeonse or monthly rent, right?
However, as it has recently become so difficult to find jeonse or monthly rental homes, news reports show that an increasing number of tenants are staying in their current homes even when deposits and monthly rents increase.
According to the Ministry of Land, Infrastructure and Transport, renewal contracts accounted for 52% of apartment jeonse and monthly rental contracts in Seoul last month.
This is the first time this year that renewal contracts have surpassed new contracts.
In particular, among the renewal contracts, about 60% were cases where tenants extended their contracts by agreement with their landlords without exercising their contract renewal right.
The reasons for staying in their current homes even if deposits or monthly rents rise somewhat are analyzed to include a shortage of jeonse and monthly rental properties, as well as the burden of brokerage fees and moving costs, plus the fact that moving requires adapting to a new environment.
These factors are also seen as acting as burdens.
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