Staff reporter
Rental deposits in South Korea have increased to 248 trillion won, the largest on record in 4 years, while Seoul’s apartment sales price went down to the lowest level.
Real estate 119 said Jan. 15 more people are getting lease on a deposit base. Apartments' rental deposits in Seoul and surrounding Gyeonggi areas hit a 4-year high last year.
The amount of rental deposits soared 52 percent to 720 trillion won from August 2008. The amount of apartment sales, meanwhile, increased only 4.9 percent to 1,356 trillion won.
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