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South Korea's asset polarization has reached a record extreme: the average home value owned by the bottom 20% of households by assets was 2.39 million won last year, down 9.1% from a year earlier and the lowest since 2017, while the top 20% held homes worth 693.41 million won on average. The gap between the two groups widened to 290-fold, the largest since statistics began in 2017, according to data from the national statistics portal KOSIS, as reported by Kyunghyang Shinmun. The Korea Economic Daily also highlighted the widening asset gap, noting that income inequality has narrowed but the housing gap has ballooned.