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Residents Unable to Repay Interest, Having Their Household Belongings Confiscated and Even Selling Their Homes

Summary by DailyNK
It has been reported that recently, in some regions of North Korea, the number of residents who are having their household goods confiscated and even selling their homes because they cannot repay money borrowed as capital for business is increasing. On the 7th, a DailyNK source in South Pyongan Province stated, “In Pyongsong City, the number of residents who are suffering from debt and having their property confiscated or having to put up parts …

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It has been reported that recently, in some regions of North Korea, the number of residents who are having their household goods confiscated and even selling their homes because they cannot repay money borrowed as capital for business is increasing. On the 7th, a DailyNK source in South Pyongan Province stated, “In Pyongsong City, the number of residents who are suffering from debt and having their property confiscated or having to put up parts …

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DailyNK broke the news on Monday, September 7, 2026.
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