Multi-homeowners account for 14.9%... Decrease of 0.2%
Multi-homeowners most common in Jeju, Chungnam, and Sejong
Last year, the number of homeowners increased by 220,000 compared to the previous year. The price gap between the top 10% and bottom 10% of homeowners narrowed to 40 times.
According to the '2022 Housing Ownership Statistics' released by Statistics Korea on the 14th, the number of homeowners last year was 15,309,000, an increase of 220,000 from the previous year.
Looking at homeowners by age group, one in four homeowners (25.2%) were in their 50s. This was followed by ▲60s (22.1%) ▲40s (21.7%) ▲70s (11.7%) ▲30s (10.1%). In other words, nearly half (47.3%) of homeowners were in their 50s and 60s. The proportion of women among homeowners was 45.9%, up 0.3 percentage points from a year earlier.
Those who owned only one house numbered 13,035,000, accounting for 85.1% of all homeowners. The proportion of multi-homeowners (owning two or more houses), totaling 2,275,000 people, was 14.9%, down 0.2 percentage points from a year earlier. Compared to two years ago in 2020 (15.8%), it decreased by 0.9 percentage points.
The regions with the highest proportion of multi-homeowners were ▲Jeju (20.1%) ▲Chungnam (17.8%) ▲Sejong (17.3%). The proportion of multi-homeowners in Seoul was recorded at 14.0%. Statistics Korea explained, "The number of people owning two or more houses has been declining since 2020."
The number of households owning houses also showed an increasing trend. Last year, the number of households owning houses was 12,232,000, up 1.4% from the previous year. This accounted for 56.2% of all households (21,774,000 households). The average housing asset value of homeowner households was recorded at 315 million KRW. The average housing area and the age of the household head of homeowner households were 86.7㎡ and 56.8 years, respectively.
Among all households, 56.2% owned their own homes, while the number of non-homeowner households increased by 155,000 to 9,541,000 households.
The average housing asset value of the top 10th decile of homeowners was 1.216 billion KRW, more than 40.5 times that of the 1st decile (bottom 10%, 30 million KRW). However, considering that the average housing asset values of the 10th decile (1.484 billion KRW) and the 1st decile (30 million KRW) last year differed by nearly 50 times, the price gap between the top and bottom 10% has somewhat narrowed. The average housing area of the 10th decile was 116.8㎡, nearly twice as large as the 1st decile (63.1㎡).
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
