Listing boards sat largely empty at a real estate agency in Mokdong, Yangcheon-gu, Seoul, on Wednesday morning. Anxiety is mounting among jeonse tenants in Daechi-dong, Gangnam-gu, and Mokdong, Yangcheon-gu — two of Seoul's most prominent school districts — as owner-occupancy requirements tighten ahead of reconstruction-driven relocations. The government's owner-occupancy requirement deferral system, which delays the start of the two-year owner-occupancy obligation until the end of the lease term, appears to be a key factor.
pangbin@heraldcorp.com
