4 out of 10 young Koreans believe they'll never own their own home

4 out of 10 young Koreans believe they'll never own their own home

Four out of ten young, single Koreans say it's impossible for them to ever buy their own home.br According to a survey conducted by the Korea Institute for Health and Social Affairs,... some 90 percent of Koreans aged between 25 and 39 said it is necessary to own a home.br However, 45 percent said it seems impossible, mostly due to economic reasons.br 45 percent responded than owning a home is a must,... while eleven percent said it's not necessary.br Pessimism was particularly high in metropolitan areas where, despite government efforts, property prices have been soaring.


User: Arirang News

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Uploaded: 2019-05-07

Duration: 00:38

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