Minors purchased nearly 3,000 homes in South Korea over last five years
Oct 17, 2024
Nearly 3,000 homes have been purchased by minors in the past five years in South Korea, government data showed Thursday. Between 2019 and 2023, the number of home purchases by people under the age of 19 came to 2,964, which amounted to 519.8 billion won ($379.41 million), according to the Ministry of Land, Infrastructure and Transport data submitted to Rep. Ahn Do-geol of the main opposition Democratic Party of Korea. Considering the purchasers' young ages, it appears many of these homes we