"Sell Stocks, Buy a Home"...Winnings of 370 Billion Won in Stock Sales Flowed Into the Housing Market

[Financial News] The amount of money that flowed into the housing market this year after investors sold stocks and bonds reached 370 billion won. Of that total, about 65%, or 240 billion won, was used to buy homes in Seoul. Capital was especially concentrated in the Gangnam 3 Districts.
According to data on the Housing Acquisition Financing Plan submitted by the Ministry of Land, Infrastructure and Transport to the office of Rep. Kim Jong-yang of the People Power Party, a member of the Land, Infrastructure and Transport Committee of the National Assembly, stock and bond sale proceeds totaling 372.5494 billion won were used for home purchases from January to April this year.
The Housing Acquisition Financing Plan is a document that explains the source of funds used to buy a home. It must be submitted to the relevant local government within 30 days of signing a contract for all homes in regulated areas, including Speculative Overheating Districts and Areas Subject to Adjustment, as well as homes in non-regulated areas with an actual transaction price of 600 million won or more.
By region, 65.5% of stock and bond sale proceeds, or 243.9631 billion won, went into Seoul. In particular, funds were concentrated in the Gangnam 3 Districts, with 37.0691 billion won in Gangnam District, 35.3151 billion won in Songpa District, and 29.0382 billion won in Seocho District.
This year, the share of stock and bond sale proceeds used to buy high-priced homes worth 1.5 billion won or more has risen sharply.
From 2020 to 2025, the share of stock and bond sale proceeds used for home purchases worth 1.5 billion won or more had stayed in the 3% to 4% range each year. But this year, the figure jumped into the 9% range in January through March, then rose to 13.2% in April, surpassing 10% for the first time.
Amid the recent strength of the domestic stock market, profits are being realized and then used to finance purchases of expensive homes.
By age group, people in their 30s accounted for the largest share. From January to April this year, stock and bond sale proceeds used by people in their 30s totaled 125.9243 billion won. They were followed by those in their 40s, with 110.8681 billion won; those in their 50s, with 80.2212 billion won; those in their 60s and older, with 48.9315 billion won; those in their 20s, with 6.5935 billion won; and those under 20, with 108,000 won.
Rep. Kim Jong-yang said, "President Lee Jae-myung has called for revitalizing the stock market as an alternative investment to ease the concentration of funds in real estate, but the reality is that people are selling stocks to buy homes." He added, "The government should seriously recognize the shift of capital market funds into real estate and reconsider its housing policy stance."



one1@fnnews.com Jung Won-il Reporter