Reporter Han Ji-yeon is here for Wednesday's 'Friendly Economy.' Today's topic is about the massive surge in monthly rent, specifically for Seoul apartments, right? Monthly rent has skyrocketed, jumping over 100,000 KRW in just one year, with the average monthly rent for a Seoul apartment now exceeding 1.47 million KRW (~$1,100).
"A toxic cocktail of real estate despair, elitist gatekeeping, and the usual political mudslinging where everyone blames the president (current or former) while telling poor people to move to the sticks."
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![[RE Gal] Back in 2007, people were flooding in even for a 2,000 won hourly wage](https://kcomm-assets.b-cdn.net/thumbnails/thumb_d9e750655f68f5dd.webp)
