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South Korean current crypto investors are selling coins to buy houses, with the highest proportion in the 30-year-old age group
BlockBeats News, May 10 — According to data from South Korea’s Ministry of Land, Infrastructure and Transport, from February 10 to March 31, a total of 324 homebuyers reported using proceeds from cryptocurrency sales in their housing purchase funding plans. Among them, 229 were aged 30 to 39, accounting for approximately 70.7%. In terms of amount, the crypto asset sale proceeds declared for home purchases in this age group totaled about 10.31 billion Korean won (approximately $7.4 million), the highest among all age groups.
This data indicates that, since South Korea began separately listing virtual asset sale proceeds in housing financing plans this year, the inflow of cryptocurrency gains into the real estate market has been partially reflected. However, the related funds currently account for only about 0.1% of overall home purchase funds, and the total scale remains relatively limited.