The South Korean government is considering revising two rental laws, including the abolition of the right to request lease renewal and increasing the cap on rent increases from 5% to 10%. The Ministry of Land, Infrastructure, and Transport will hold a forum to discuss these changes, marking the first time the government has formally brought this issue into public debate. Critics argue that these changes could lead to a regression in tenant rights and cause confusion in the rental market.
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Auto-posted at: 2025-03-24 21:08:03