Over the past five years, 1,000 people have swept 42,000 units...Housing asset gap ↑

2024.10.06. PM 10:05
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Over the past five years, 42,000 homes have been bought by the top 1,000 buyers, worth KRW 6.1 trillion.

Even when considering the total number of households in housing, the asset gap between the top 1% and the bottom 10% was 100 times, and the polarization phenomenon was serious.

Reporter Kim Tae-min's report.

[Reporter]
In the Korean housing market, polarization according to asset size is becoming increasingly clear.

The statistics of the people who bought the most homes in the last five years make it clearer.

The total number of homes bought by the top 1,000 home buyers was 41,721, with an average of 42 per person and more than 6 trillion won in purchases alone.

If we select the top 100 again here, it turns out that one person purchased an average of 138 units, worth 20.33 billion won.

[Kim Jun-hwan / Professor of Real Estate at Seoul Digital University] Based on stress DSR, you can't buy this with a typical mortgage. There is a possibility of distorting the market price by controlling the volume and just buying it.]

The situation is similar if you look at the statistics of all households that own homes.

As of 2022, the top 1% of households owned more than four houses, with an average asset value of 3 billion won.

Compared to the bottom 10%, it was nearly 100 times different.

On the other hand, the threshold for ordinary people to buy their own homes is getting higher.

The winning pass line for apartment applications in Seoul has steadily risen, reaching an average of 60.4 points in the second half of this year.

This is a score that a four-person household with two children with 10 years of homelessness cannot receive even if they sign up for a subscription account for more than 15 years.

[Yoon Ji-hae / Senior Researcher, Real Estate 114] As consumers are concentrated even in the higher sales price, the waiting demand for subscription has become urgent.... It is evaluated that the concentration phenomenon in certain complexes and specific areas has intensified, and the subscription price has risen.

As housing prices are rising due to the recovery of the real estate economy and the gap in housing assets is rapidly widening, policy support for end-users and the common people should also be provided.

I'm Kim Tae Min of YTN.

Video editing: Jung Kook-yoon
Design: Lee Na-young


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