How South Korea’s Income Gap Became Wider Than Ever | Insight

Name: How South Korea’s Income Gap Became Wider Than Ever | Insight
Uploaded: 2026
Duration: 44 min
Description: According to government data, the wealth gap between the rich and poor in South Korea is wider than ever. Its elderly poverty rate is also the highest among OECD countries. Informal workers struggle with instability and accumulating wealth. Meanwhile, real estate, the main vehicle of asset building in South Korea, remains out of reach for the young generation.

202644 minHD★ 7.7Society & Politics

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According to government data, the wealth gap between the rich and poor in South Korea is wider than ever. Its elderly poverty rate is also the highest among OECD countries. Informal workers struggle with instability and accumulating wealth. Meanwhile, real estate, the main vehicle of asset building in South Korea, remains out of reach for the young generation.

Courtesy of CNA Insider on YouTube. Watch on YouTube ↗