(´º½º) 2013.07.11 - Students grapple with soaring room costs
ÃÖ°í°ü¸®ÀÚ | 13-07-11 09:28
Students grapple with soaring room costs
College students in Seoul, pressed by skyrocketing rent and limited dormitories, have difficulty finding a stable place to live. Without enough money for quality housing, most settle for substandard quarters. ¡°This is a very old town, so facilities are run down and there is mildew everywhere,¡± said a student. Even for a dilapidated building, the year-long lease is 10 million won and the monthly rent is high. I don¡¯t understand how the rent in this town is so expensive, despite the outdated facilities,¡± the 24-year-old told The Korea Herald. Students suspect that house owners fix prices. In the area, a year-long lease for a studio is always 50 million, 60 million or 70 million won without exception, students say. The shortage of adequate housing is largely due to the fact that schools provide dormitories for only a small fraction of their students. In 2012 there were over 450,000 students in Seoul, but only 11.8 percent of them lived in dorms, according to Academy Info, a state-run college information website.
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