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Showing posts with the label korea's jeonse system

Do You Know the Water Deer of Korea?

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AI-generated image depicting a Korean water deer, a wild animal native to Korea, in a natural Korean woodland setting. A Unique Mammal in the Deer Family Hello, dear readers! It has been a while since my last post. Today, I would like to introduce you to an animal that is very common in Korea but surprisingly rare from a global perspective: the Korean water deer. 1. What Kind of Animal Is the Water Deer? When talking about the mountains, fields, and natural landscapes of Korea, one wild animal that cannot be left out is the water deer. The water deer is a mammal belonging to the deer family, and its scientific name is Hydropotes inermis. It is commonly known in English as the Water Deer . The water deer is a very familiar animal in Korea. It is often found in agricultural fields, along streams, and in areas where mountains and open fields meet. Occasionally, it can even be seen in green spaces around cities. But there is an interesting fact about this animal. Although water deer are co...

A Complete Guide to Renting a Home in Korea for Foreigners

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An image evoking a real estate office, helping to illustrate Korea’s unique jeonse rental system Introduction: Hello, dear readers! Today, I would like to introduce Korea’s unique jeonse rental system in real estate transactions. This will be especially helpful if you are renting or engaging in real estate deals in Korea. Let’s get started! In South Korea’s housing rental market exists a unique system that is rarely found elsewhere in the world. This is the Jeonse system . Foreigners who first encounter Korea’s housing rental practices are often most surprised by Jeonse, as it contrasts sharply with the monthly rent–centered systems common in Western countries. At first glance, it may seem like nothing more than “a system where tenants deposit a large sum with the landlord instead of paying rent,” but beneath this lies a deep connection to Korea’s economic and financial structure, its historical background, and the residential culture of ordinary people. In this article, I will exp...