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Today's News: Housing Anxiety Spreads as Apartment Sales and Jeonse Prices Rise in the Seoul Metropolitan Area

2026-06-21

Today's News: Housing Anxiety Spreads as Apartment Sales and Jeonse Prices Rise in the Seoul Metropolitan Area

Housing cost burdens for citizens are increasing as both sales and jeonse prices rise simultaneously, centered on apartments in the Seoul metropolitan area. Meanwhile, the Presidential Office has carried out a personnel reshuffle by appointing a new Senior Secretary for Public Communication and a Senior Secretary for Civil Affairs. Along with this, news of major domestic companies securing technology and fostering practical talent has also followed.

Housing anxiety is deepening as apartment sales prices and jeonse deposits in the Seoul metropolitan area rise together. In particular, the upward trend in prices is clearly visible in major areas such as Dongtan in Hwaseong, Gyeonggi Province. Jeonse is a unique Korean rental system where a large deposit is paid to the landlord when renting a home. With both sales and jeonse prices rising recently, the economic burden on those planning to buy a home or move is increasing.

President Lee Jae-myung announced the appointment of Blue House staff on the 21st. Seong Gi-hong, former CEO of Yonhap News, was appointed as the new Senior Secretary for Public Communication, and Han Chan-sik, a former lawyer at Kim & Chang, was appointed as the Senior Secretary for Civil Affairs. The Senior Secretary for Public Communication is responsible for informing the public about government policies and communicating with the media, while the Senior Secretary for Civil Affairs is in charge of gauging public sentiment and managing discipline within the public sector.

Technology competition and talent development among companies are also active. SK Telecom has begun recruiting trainees for 'ALEPH,' a program designed to foster practical talent in the fields of AI security and networks. LG Energy Solution became the first in the battery industry to surpass 100,000 global patents, and KT unveiled its next-generation security technology, 'E2E Quantum Security.' Additionally, the three major domestic tire companies are accelerating their market expansion by increasing local production and logistics capabilities in Europe to counter Chinese products.

If you are curious about more detailed economic news and the stock price trends of Samsung Electro-Mechanics, please visit the news section of the app. You can also find vivid photos from the scene and news of the cheering galleries for player Jang Yu-bin, who was celebrated for his victory at a golf tournament held in Chuncheon, Gangwon Province.

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