Category Archives: Economy

According to an analysis of microdata from Statistics Korea, the real estate asset threshold for households in the top 1% last year was 3 billion KRW (approximately 2.2 million USD).   In other words, as of last year, one needed to own at least 3 billion KRW in real estate to be considered among the “top 1% real estate wealthy.”   In 2019, the threshold for the top 1% was 2.46 billion KRW (approximately 1.8 million USD), meaning that over five years, the threshold increased by 540 million KRW (approximately 400,000 USD).   The threshold for the top 5% also rose from 1.12 … 더 보기 →