Since the start of this year, 3.7 trillion won raised by selling stocks·bonds has been used to purchase real estate. In particular, about 65% of that amount, 2.4 trillion won, was used to buy homes in Seoul, with funds concentrated in the three Gangnam districts.

According to aggregated funding source plans submitted on the 14th by the Ministry of Land, Infrastructure and Transport to the office of Rep. Kim Jong-yang of the People Power Party, who serves on the National Assembly Land, Infrastructure and Transport Committee, 3.725494 trillion won in stocks·bonds sale proceeds was injected into home purchases during January∼April this year.

A home acquisition funding plan is a document that discloses the sources of money used to buy a residence. It must be submitted to the competent local government within 30 days of the contract date when purchasing any home in regulated areas (speculative overheating districts·areas subject to adjustment) and when purchasing homes with actual transaction prices of 600 million won or more in non-regulated areas.

Based on the funding plans for January~April, 65.5% (2.439631 trillion won) of the home purchase funds raised by disposing of stocks·bonds was used to buy homes in Seoul.

In particular, the largest inflows went to the three Gangnam districts: Gangnam-gu (370.691 billion won), Songpa-gu (353.151 billion won), and Seocho-gu (290.382 billion won).

By price range, the share of stocks·bonds sale proceeds used to purchase high-priced homes valued at 1.5 billion won or more increased sharply. The share of stocks·bonds sale proceeds used for ‘15 billion won or more’ home transactions was within 5% in 2020 (3.2%), 2021 (4.9%), 2022 (4.5%), 2023 (4.1%), 2024 (4.6%), and 2025 (4.7%), but this year it rose into the 9% range in January~March and climbed to 13.2% in April.

The age group with the largest volume of funds shifting from stocks·bonds to real estate was people in their 30s. During January~April this year, those in their 30s recorded 1.259243 trillion won in stocks·bonds sale proceeds. They were followed by those in their 40s (1.108681 trillion won), 50s (802.212 billion won), 60 and older (489.315 billion won), 20s (65.935 billion won), and under 20 (108 million won).

Rep. Kim said, “The government must take seriously the movement of capital market funds into real estate and reconsider the policy stance on real estate.”