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Korea's Home Wealth Gap Hits Record 290-Fold
South Korea's asset polarization has reached a record high, with the average home value of the top 20% of households now 290 times that of the bottom 20%, the largest gap ever recorded. According to KOSIS data cited by Dong-a Ilbo, the top quintile's average residence price rose 7.7% to 693.41 million won last year, while the bottom quintile's fell, widening the divide despite narrowing income gaps. The Korea Economic Daily also reports the gap nearing 300 times, highlighting worsening asset inequality driven by real estate.


















