PANews reported on May 10th that, according to South Korean media, the influx of cryptocurrency investment returns into the real estate market has been partially confirmed as South Korea began listing proceeds from the sale of virtual assets separately in its housing financing plans this year. Data from the South Korean Ministry of Land, Infrastructure and Transport shows that from February 10th to March 31st this year, 324 homebuyers declared the use of proceeds from the sale of crypto assets in their housing purchase financing plans. Of these, 229 were in their 30s (30-39 years old), accounting for 70.7%. In terms of amount, those in their 30s declared 10.31 billion won (approximately US$7.4 million) in crypto asset sales for home purchases, the highest among all age groups. However, the proportion of crypto asset sales in their home purchase funds is only 0.1%, and the current scale remains relatively limited.
Cryptocurrency funds are flowing into South Korea's real estate market, with over 70% of homebuyers being in their 30s.
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Author: PA一线
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