According to a survey on homeownership in South Korea in January 2023, those aged 60 years and older were most likely to answer that they should own their house despite rising interest rates among age groups. On average, around 47 percent of respondents agreed that they should own a home even in the case of rising interest rates and higher loan burdens.
Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group
sum of the responses from strongly agree and somewhat agree
Method of interview
Online survey
Supplementary notes
Original question: "How much do you agree with the following statement with regard to your own home? 'Even if interest rates rise and the burden of loan interest increases, you must own a home.'"
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hankook Research. (March 21, 2023). Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/
Hankook Research. "Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group." Chart. March 21, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/
Hankook Research. (2023). Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/
Hankook Research. "Perception of Owning a Home despite Rising Interest Rates in South Korea as of January 2023, by Age Group." Statista, Statista Inc., 21 Mar 2023, https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/
Hankook Research, Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group Statista, https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/ (last visited December 22, 2024)
Perception of owning a home despite rising interest rates in South Korea as of January 2023, by age group [Graph], Hankook Research, March 21, 2023. [Online]. Available: https://www.statista.com/statistics/1450961/south-korea-perception-of-homeownership-with-rising-interest-rates-by-age-group/
