Seoul Apartment Prices Rise for 87 Consecutive Weeks Driven by 'Survival Buying' Amid Jeonse and Wolse Crisis

[News Hunters]

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■ Broadcast: SBS <News Hunters> Mon–Fri (18:50–19:50)
■ Anchors: Kim Jong-won, Yoon Tae-jin
■ Guests: Kim Je-kyung (Director, Toomee Real Estate Consulting), Park Si-dong (Economic Commentator)

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Apartment prices in Seoul have risen for 87 consecutive weeks, marking the longest sustained upward trend on record. Non-Gangnam areas are notably leading the surge, increasing the burden on genuine homebuyers.

With jeonse (lump-sum housing deposits) properties drying up and monthly rent (wolse) skyrocketing, existing tenants are being driven into so-called "survival buying" where they feel compelled to purchase whatever they can. We examine the core issues behind this situation and whether any breakthroughs are in sight.

※ Full details are available in the video.
※ Please note: This article was translated by AI and may contain errors.