South Koreans struggle to climb property ladder as prices explode

In a country where real estate accounts for more than 60 per cent of household assets, the increasing unaffordability has resulted in a yawning generational gap in house ownership and wealth.

An analysis of the 2020 Korea Housing Survey shows that house ownership nosedives in people younger than 40.

read more: https://www.aljazeera.com/economy/2022/4/28/south-koreans-struggle-to-climb-property-ladder-as-prices-soar