Insight
The South Korean government is actively seeking solutions to increase housing supply, with a focus on corporate rental incentives.
Seoul studio apartments hit 690,000 won monthly rent era… South Korean government seeks supply breakthrough through corporate rental tax relief
Summary
Seoul's studio apartments now average 690,000 won/month, a record high. The South Korean government is exploring tax relief for corporate rentals to boost supply and ease the housing crunch.
Key takeaway