When asked how many times they have engaged in purchasing real estate in a survey conducted among wealthy people in South Korea in 2022, the responses showed that those in their seventies or older had more than double the experience compared to those in their forties. According to the source, the wealthy were found to have purchased real estate around five times on average.
Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age
(in times experienced)
those holding more than one billion South Korean won in financial companies
Method of interview
Face-to-face interview, online survey
Supplementary notes
Small to medium-sized apartments are considered to be less than 40 pyeong, large apartments larger than 40 pyeong, and buildings included here to be valued at least five billion South Korean won.
1,000 South Korean won equals 0.75 U.S. dollars or 0.69 euro as of February 2024.
One pyeong is equivalent to approximately 3.3 square meters.
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Hana Institute of Finance. (April 9, 2023). Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age (in times experienced) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/
Hana Institute of Finance. "Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age (in times experienced)." Chart. April 9, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/
Hana Institute of Finance. (2023). Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age (in times experienced). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/
Hana Institute of Finance. "Real Estate Purchasing Experience among The Wealthy in South Korea as of December 2022, by Age (in times Experienced)." Statista, Statista Inc., 9 Apr 2023, https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/
Hana Institute of Finance, Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age (in times experienced) Statista, https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/ (last visited November 21, 2024)
Real estate purchasing experience among the wealthy in South Korea as of December 2022, by age (in times experienced) [Graph], Hana Institute of Finance, April 9, 2023. [Online]. Available: https://www.statista.com/statistics/1449748/south-korea-real-estate-buying-experience-among-the-rich-by-age/
