Скачать или смотреть Korea's Real Estate Time Bomb: A Guide to Preventing Jeonse Fraud & 'Tin Can' Jeonse for Foreigners

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This video was created to help foreigners avoid real estate fraud in South Korea—a country often regarded as having an advanced and trustworthy culture.

It provides an in-depth analysis of the structural risks of Korea’s unique housing system, Jeonse, and the widespread Jeonse fraud and “underwater Jeonse” crisis that emerged from it. The content defines Jeonse at its core as a private, interest-free loan between individuals, and explains how Gap Investment led to a collapse resembling a Ponzi scheme during a housing market downturn.

The video also exposes the abuse of the HUG (Housing & Urban Guarantee Corporation) insurance system, the severe information asymmetry and risks prevalent in the villa market, and the organized Jeonse fraud networks involving developers, brokers, and nominal owners acting as fronts. Ultimately, it highlights that this crisis has disproportionately devastated people in their 20s and 30s.

In particular, to raise awareness among foreigners and prevent potential 피해, the video strongly recommends proceeding only with a qualified Korean real estate professional. It concludes by stating that a licensed real estate broker with 20 years of hands-on experience at Global Homes Korea is available to provide direct, professional assistance.

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