Arc4’s Derek Long on the Korean Housing Market

The South Korean housing market is currently under immense pressure. Jeonse, its unique tenure form where tenants pay upwards of 60% of the entire value of the house, has become almost unaffordable in the first half of 2015.

Arc4 director Derek Long, a keynote speaker to the government’s First International Housing Finance Forum in Seoul in 2013, was recently asked by Seoul’s equivalent to Radio 4's PM programme to bring a British perspective on what reforms could rebalance the Korean housing market as part of a discussion with local professors. Click the play button below to listen to the programme, which was broadcast at the end of July.

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