{
  "id": 11397477,
  "title": "Foreign homeownership in Korea surges 30% over 3 years, approaching 100,000 mark",
  "url": "https://urgent.news/2026/10/02/foreign-homeownership-in-korea-surges-30-over-3-years-approaching-100",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T08:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/southkorea/others/20261002/foreign-homeownership-in-korea-surges-30-over-3-years-approaching-100000-mark"
  },
  "original_language": "en",
  "account": "Foreign homeownership in South Korea surged by 30% over three years, nearing the 100,000 mark, according to government data released to lawmaker Rep. Kim Mi-ae. The increase in foreign-owned multiunit residential properties reached 99,215 units in the second half of 2025, up 30.3% from 76,147 units in the same period three years prior. Chinese nationals led the growth, with their holdings growing by 37.2% to 59,082 units, accounting for 69.5% of the total increase. Vietnamese nationals experienced the fastest growth rate, with their holdings soaring by 112% from 842 to 1,786 properties. American nationals remained the second-largest foreign group in foreign homeownership.",
  "summary": "Foreign nationals owned nearly 100,000 homes in multiunit housing, or \"gongdong jutaek\" — a category spanning high-rise apartments to low-rise \"dasedae\" multifamily homes — in Korea last year, with ownership rising roughly 30 percent over three years and Vietnamese holdings more than doubling, according to government data submitted to a lawmaker. The data from the Ministry of Land, Infrastructure…",
  "key_points": [
    "Foreign homeownership in South Korea increased by 30% over three years.",
    "99,215 foreign-owned multiunit residential properties reached 100,000 mark.",
    "Chinese nationals led growth, increasing 37.2% to 59,082 units."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Foreign homeownership in Korea surges 30% over 3 years, approaching 100,000 mark",
        "url": "https://urgent.news/2026/10/02/foreign-homeownership-in-korea-surges-30-over-3-years-approaching-100-11401090",
        "published": "2026-10-02T09:07:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}