Not even lottery jackpots are enough to buy apartments in Seoul
Not even lottery jackpots are enough to buy apartments in Seoul
www.koreatimes.co.kr
Not even lottery jackpots are enough to buy apartments in Seoul - The Korea Times
Cho Soo-chul, a Seoul tenant in his 40s, has been buying lottery tickets for years with the hope of winning enough money to buy a home, a goal he f...
jackpots in 2025 averaged 2.06 billion won ($1.41 million), which falls to 1.4 billion won once taxes are deducted.
That after-tax amount is below the average price of an apartment in Seoul, which was 1.5 billion won in December 2025, according to separate data compiled by KB Land, the property data tracker of KB Kookmin Bank.