
Fault Lines in Busan’s Housing Market: Polarization and Jeonse Fraud
Busan, South Korea - Beneath Busan’s vibrant urban landscape lies a housing market grappling with mounting pressures. Once regarded as a relatively stable and accessible sector, the city’s rental market is now defined by stark inequalities, rising fraud cases, and systemic vulnerabilities. From the widening gap in housing prices between affluent and struggling neighborhoods to the growing number of tenants filing leasehold registration orders to protect their rights, the challenges facing Busan’










