Seoul, the city of young millionaires 💸 This year, nearly half of all buyers who bought apartments in Seoul priced over ₩10 billion (about $6.8 M USD 💵) were born in the 1980s or 1990s. These “super-rich” young buyers reportedly paid entirely in cash, without taking out loans. According to Financial News, the prices ranged roughly from ₩10 billion (~$6.8 M USD) up to ₩25 billion (~$17 M USD), and the properties were spread across both Seoul’s traditional luxury neighborhoods and its hot new areas — like Apgujeong, Cheongdam, Samseong, Hannam, Banpo, and Seongsu. Among the 32 buyers, ages ranged from those born in 1999 to 1955 — but 9 were born in the 80s and 6 in the 90s, making up more than half of the list. Trading Economics Most of these young ultra-wealthy buyers turned out to be startup founders or celebrities — and BTS’s Jin (jin) and V (thv) were even named among them. It’s a report that shows a generational shift in Seoul’s high-end real estate market. 젊은 부자들의 도시, 서울...