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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.
Mars Finance News, on May 10th, the Korean Ministry of Land, Infrastructure and Transport reported that from February 10th to March 31st, a total of 324 homebuyers declared the use of crypto asset sale proceeds 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 assets declared for home purchases by this age group totaled about 10.31 billion Korean won (approximately 7.4 million USD), the highest among all age groups.
This data indicates that, since 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 relevant funds currently account for only about 0.1% of the overall home purchase funds, and the total scale remains relatively limited.