Svmuu reports that after South Korea this year began separately listing virtual asset sale proceeds within housing financing plans, the influx of cryptocurrency gains into the real estate market has been partially reflected.
According to data from the Ministry of Land, Infrastructure and Transport of South Korea, from February 10 to March 31, a total of 324 homebuyers declared the use of proceeds from crypto asset sales in their residential property financing plans. Among them, buyers aged 30 to 39 numbered 229, accounting for approximately 70.7%. In terms of amount, this age group reported crypto asset sale proceeds used for home purchases amounting to about 10.31 billion Korean won (approximately $7.4 million), the highest among all age groups.
However, these funds currently account for only about 0.1% of total home purchase capital, with the overall scale remaining relatively limited.
Korean crypto asset gains are beginning to flow into the real estate market, with buyers in their 30s accounting for over 70%
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Source:Odaily · Source Link
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