Real estate wealth of $2.2 mil. now needed to join Korea's top 1%

To be in the top 1 percent of real estate holders in South Korea, one must now own property worth more than 3 billion won ($2.2 million), according to newly released government data. That’s a jump of more than 500 million won in just five years, highlighting the growing wealth gap driven by surging home prices followed by recent interest rate hikes.Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times