Significance. Foreign investors are rapidly expanding into South Korea’s monthly rental market, which will exacerbate Gen-Z’s existing frustrations with housing affordability. Traditionally reliant on jeonse—a long-term deposit-based rental system—young Koreans now face rising monthly rents as jeonse options dwindle.
For decades, South Korea's mandatory military service has been viewed as a rite of passage—a moment where young men set aside personal aspirations to serve their country, foster camaraderie, and uphold national security in a region marked by tension.
Gen-Z voters swing between conservative and progressive positions on socioeconomic and political issues and with older voting demographics more stable, political parties are now turning more attention to securing this swing vote.
