Manya Rathore
Research expert covering India
Millennial homeownership in South Korea - statistics & facts
In South Korea, millennials currently make up a significant share of mortgage loan seekers. Born between the early '80s and late '90s, millennials have entered their prime working years. Despite having faced the '08 financial crisis and the struggles of the pandemic, this demographic has established itself within the job market in the last decade. With this newly acquired financial leverage, many millennials in Korea are now seeking to secure a home for various reasons, such as investment purposes, housing their growing families, and living independently.
