Cryptocurrency funds in South Korea are flowing into the real estate market, with over 70% of homebuyers in their 30s.
Foresight News reported, citing Korean media, that as South Korea began separating proceeds from virtual asset sales in housing financing plans this year, the inflow of cryptocurrency investment gains into the real estate market has been partially confirmed. Data from the Ministry of Land, Infrastructure, and Transport of South Korea shows that from February 10 to March 31 this year, a total of 324 homebuyers declared the use of cryptocurrency sale proceeds in their residential purchase funding plans. Among them, 229 were people in their 30s (aged 30–39), accounting for 70.7%.
In terms of amount, people in their 30s declared cryptocurrency sale proceeds for home purchases totaling 10.31 billion KRW (approximately 7.4 million US dollars), the highest among all age groups. However, the proportion of cryptocurrency sale proceeds in their total home purchase funding was only 0.1%, indicating that the overall scale remains limited at present.
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