A comparative analysis of contractual choice in apartment markets.
Publication Date: 01-MAY-07
Publication Title: International Advances in Economic Research
Format: Online
Author: Taylor, Travis K.

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Description

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Apartment rental contracts vary considerably across the world. The ubiquitous monthly rent plus security deposit is the standard contract in the United States and many Western countries. In Asia, apartment landlords employ a variety of contracting methods that can be explained by economic and cultural factors. This paper juxtaposes apartment contracting methods in the US and South Korea. A...



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