Inside Korea’s Giant Apartment Cities

Korea builds housing at a speed and scale most countries can’t match — entire apartment cities rising at once, multi-tower redevelopments replacing whole suburbs, and 3–4 bedroom apartments designed for families, not investors.After spending three months living in Seoul, mortgage broker Jason He breaks down what he saw on the ground: the density, the lifestyle, the affordability challenges, the Jeonse rental system, the ballot process for new apartments… and why young people in both Korea and Australia feel locked out of the market.This episode unpacks how Korea’s housing system really works, why it looks nothing like ours, and what the rest of the world can learn from a country building at extreme scale.🔔 Don’t forget to subscribe to our channel for more discussions on property trends, financial strategies, and insights into the Australian property market. Hit the notification bell to stay updated with our latest episodes!🌟 If you have a question for the team, a PropTok you would like to send us or are interested in coming on the show, head over to our website to get in touch! https://www.coposit.com.au/resources/property-now📢 Found this video valuable? Give it a thumbs up and share it with friends, family, or anyone interested in saving money and getting ahead in the property market.🏠 This podcast is brought to you by Coposit, where $10k means you can buy a brand-new home. To learn more about how it works and browse properties, visit: www.coposit.com.au00:00:00 - Introduction and Catching Up00:01:58 - Living in Seoul, Korea00:02:33 - Living Conditions in South Korean Apartments00:09:01 - Discussion on Noise Issues in Apartments00:09:50 - Public Transport and Commuting in Seoul00:10:10 - Building Communities in South Korea00:12:57 - Construction and Development in South Korea00:15:10 - Housing Affordability and Cultural Expectations00:18:02 - Education and Parenting Costs in South Korea00:20:52 - Housing as Shelter vs Wealth Creation00:25:11 - Investment Limitations and Crypto Popularity00:30:24 - Understanding the Jeonse System00:32:24 - Comparing Housing Systems: Australia vs South Korea00:38:20 - Closing Thoughts and Korean Language Lesson