Seoul’s aging poor driven toward bankruptcy by living costs
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Source: The Korea Herald
Published: 2026-03-10 14:17 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Tax & Budget, World News
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Snippet:
A growing number of residents in Seoul are falling into irrecoverable debt, with new city data showing that people in their 60s and older now make up the majority of personal bankruptcy applicants.
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