October 17, 2019
‘Owning’ a home in North Korea
Residency rights and restrictions on moving means one all but owns the place
The North Korean law makes it quite clear: It is illegal in North Korea to buy, sell and rent out houses. It is theoretically possible to swap houses within one jurisdiction, but it is still illegal if such an exchange is made to gain any kind of financial advantage for either side.But in the last 15-20 years this, like many other North Korean regulations, has been honored in the breach. The