housing cost Archives | Be Korea-savvy
For Many Young South Koreans, Housing Costs Loom Large

For Many Young South Koreans, Housing Costs Loom Large

SEOUL, Apr. 26 (Korea Bizwire) – Housing expenses represent the biggest monthly financial burden for four out of 10 people in their 20s and 30s in South Korea, according to a recent survey, highlighting the challenges of expensive housing costs for young adults in the country. The poll of 1,547 people in their 20s and 30s, [...]

Despite High Rent, Living Conditions for University Students are Poor

Despite High Rent, Living Conditions for University Students are Poor

SEOUL, Jun. 14 (Korea Bizwire) – University students who live alone in Seoul spend more than half of their monthly living expenses on rent. It has been pointed out that there should be necessary improvement in living conditions as high rent does not provide a better living environment. The Student Council of the Workers’ Party for Reforming [...]