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As the jeonse price has recently dropped significantly, more and more cases are being renewed with a lower amount than the existing jeonse deposit. 



This is because it is becoming difficult to find tenants, Reporter Lee Hye-mi reports.



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This apartment in Gwangmyeong, Gyeonggi-do, was traded for 530 million won last week for a private 59㎡ charter.



The deposit was reduced by 120 million won when the charter renewal contract was signed.



A reduction contract was made that lowers the jeonse amount compared to the contract two years ago.



Looking at the recent transaction history in this area in the real transaction price system of the Ministry of Land, Infrastructure and Transport, 11 reduction contracts were confirmed in both months.



[Real estate official/Gwangmyeong-si, Gyeonggi-do: According to the current market price, 140 to 50 million won has fallen.

Of course, tenants want to move out when it expires, and from the owner’s point of view, the jeonse doesn’t go out…

.]



A real estate agency analyzed the actual transaction price in the metropolitan area in the fourth quarter of last year, and the rate of renewal contracts with a lower deposit than the previous contract was 13.1%, the highest since the Ministry of Land, Infrastructure and Transport began disclosing related information.



About 13% also renewed at the same amount without raising the deposit.



As the reverse tax crisis, which makes it difficult to return deposits due to interest rate increases and jeonse prices, is expanding, landlords are signing contracts with existing contractors even if the deposit is lowered.



In order to hold on to the tenant, landlords are also paying interest on the rent instead.



[Real estate official/Seocho-gu, Seoul: Some owners pay (in lieu of) interest as a condition of extending the tenant, and some (tenants) file lawsuits because the next tenant is not found.]



Last year, 18% of apartments in Seoul were higher than two years ago .

The charter deposit has fallen.



There is also a prospect that the number of landlords who are unable to return the deposit and put their homes on urgent sale may increase.



(Video coverage: Kim Gyun-jong, video editing: Choi Hye-ran, CG: Son Seung-pil, Jeon Yoo-geun)