@jumybear: Ofcourse there is also ‘wolse’ which is the same rent system as anywhere else in the world. But you can ask your landlord, negotiate with them, to make your rent cheaper with a higher security deposit. Basically driving down the rent price to nothing!! #rent #korea #informative #interesting #fact #korean
It’s not a good system. There’s been many cases where these landlords could not give back the initial deposit which basically empty’s out a person or family’s savings. It’s all a big housing bubble
2025-01-20 15:35:45
772
ChesterA :
So this is the scam that was mentioned in Squidgame 2, right?
2025-01-20 15:38:36
616
Hmmmm :
if I can give 80% of $500k I would just consider buying a house. this system could easily become a scam. player 125 in squid game s2 literally in the game because of this
2025-01-21 15:09:35
146
xandlabra :
isnt that how the scared guy in squid game got scammed
2025-01-20 14:42:36
205
TonyPro :
how does the land lord make $$
2025-01-20 17:35:08
23
ᕦ(ò_óˇ)ᕤ :
The rent is not free. you pay in devaluing your money (inflation) and giving the landlord a free credit. And how secure is this, are you guaranteed the money if the landlord gambles it into nothing?🤨
2025-01-20 19:39:33
60
Happy can liao :
It is hardly "rent-free". So misleading.
2025-01-20 21:07:20
167
︎︎︎︎︎︎︎Wut r u doin? :
So you still have to pay except that it's not called "rent"?
2025-01-20 14:23:31
91
MF Studio | Tech :
Aren’t people being scammed using this system
2025-01-20 18:29:50
99
Ani :
Its a terrible system where you actually double pay, once for the loan you need for the deposit plus the landlord keep the compounding interest on your deposit —>
2025-01-20 16:53:49
36
guitarwithsean :
So it’s not free
2025-01-20 18:10:56
44
AJ_VOIDs :
isn't that how Player 125 got into the game ? because of the Renting Scam.
2025-01-21 06:15:14
114
David Krall :
The system is based on increasing value. The owners use the deposits to buy another property. If over leverage, the system can fail unless the renters add insurance which limits options. Risky.
2025-01-20 14:53:54
16
TeoGamingLab :
well if the landlord invest 100K and get back 20% in 2 years, it is 20k.
you actually pay.....a lot!
2025-01-20 21:36:23
2
SallehChangkatChermin :
Basically you are giving cheap loan to the landlord 🤣
2025-01-21 01:12:33
9
kingharry06 :
That’s like saying “houses in America are free, you buy one in cash and get your money back when you sell it” lol
2025-01-22 06:29:31
40
TheBrazilian12 :
landlords in america would scam you so hard out of that deposit
2025-01-21 17:19:18
6
LDC :
This is very weird. At 80% of the property value might as one buy one don’t you think?
2025-01-21 09:26:01
3
Tokyo2.0 :
C'è anche in Italia si chiamano Case Popolari
2025-01-27 18:01:33
3
Ulrixh :
that's a scam. i rather pay monthly. the inflation gonna be crazy if i pay the deposit.
2025-01-21 06:04:34
1
utxicycej :
전세사기 엄청 흔하다는건 왜 안알랴줌..
2025-02-07 15:38:08
2
Mark James :
where do people in Korea find that type of money for a deposit not everyone surely has that much money spare
2025-01-20 19:54:13
3
Mina :
you rent free but you still need to pay utilities
2026-07-08 09:01:52
1
aethonrider :
"anticrético" en español
2025-01-20 23:41:30
4
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