Systematic failure in housing market

  The man, in his 30s, had moved into a townhouse in Incheon after paying a hefty deposit of 70 million won (U$54,100). However, he had heard that the property had been auctioned off within a year, leaving him without the return of his deposit. His mobile phone contained a message expressing his disappointment with …

Public bathhouses in small towns after pandemic

  As the number of privately-owned bathhouses across South Korea continues to decrease at an alarming rate, local governments have stepped in to invest in publicly run facilities. According to Statistics Korea, the number of bathhouses has decreased by a staggering 38% in the last two decades, with the most significant drops occurring in rural …