Where Did All the Retail Investors Go? 3.7 Trillion Won Flows into 'Gangnam 3 Districts'

This year, the amount of money used to purchase homes by selling stocks or bonds has exceeded 3.7 trillion won.

As the stock market has recently been booming due to capital market revitalization policies, a significant amount of funds from the financial market has flowed into the real estate market.

According to an analysis of "financing plans" submitted by the Ministry of Land, Infrastructure and Transport to Representative Kim Jong-yang of the National Assembly's Land, Infrastructure and Transport Committee, the total amount of proceeds from the sale of stocks and bonds used for housing purchases from January to April of this year reached 3.7254 trillion won.

In particular, most of these funds were concentrated in Seoul, and specifically in the Gangnam area.

Approximately 65% of the total proceeds, or 2.4 trillion won, was used to buy homes in Seoul, with nearly 1 trillion won pouring into the so-called "Gangnam 3 Districts"—Gangnam-gu, Songpa-gu, and Seocho-gu.

The influx of funds into the real estate market was led by those in their 30s.

By age group, the housing funds raised by people in their 30s through the sale of stocks and bonds amounted to 1.2592 trillion won, accounting for the largest share among all age groups.

This is interpreted as a clear trend among the younger generation to perceive real estate as one of the most reliable means of wealth accumulation.

Representative Kim Jong-yang pointed out, "Contrary to the government's policy direction of preventing concentration in real estate and revitalizing the stock market, in reality, citizens are selling stocks to buy homes." He emphasized, "We must take the current situation of capital market funds leaking into real estate seriously and re-examine our real estate policy stance."

Reported by Lee Hyun-young | Video by Jang Yu-jin | Graphics by Lee Jung-ju | Produced by SBS Digital News
※ Please note: This article was translated by AI and may contain errors.