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by throwaway290 1319 days ago
I suppose even if you are a Korean and/or willing to sign a multi-year contract, owner's ability to have recourse is limited if you decide to break it early and vanish without a trace so high deposits are a more reliable measure to reduce the amount of incidental people.

Whether this has to do with high-trust society or just greed is another question, I like to think it's more of the former but it could be both...