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single-person households

Why Does South Korea Have So Many Convenience Stores?

October 27, 2026October 23, 2026 by WHY KOREANS ARE
Editorial illustration of brightly lit convenience stores on a Korean neighbourhood street at night.

South Korea has about 55,900 franchised convenience stores. How small-basket demand, single-person households and franchise supply explain the density.

Categories Systems Tags convenience stores, franchising, retail, single-person households, small business Leave a comment

What Is an Officetel in South Korea, and Why Do People Live in One?

October 27, 2026October 21, 2026 by WHY KOREANS ARE
A high-rise officetel building in Seoul with commercial floors below and small residential units above

An officetel is legally an office building that people live in. Korea built the category by deregulating it one bathroom and one heated floor at a time.

Categories Seoul & Urban Korea Tags Korean housing types, officetel, property tax, renting in Korea, single-person households, zoning Leave a comment
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