(LEAD) S. Korea's household income inches down in Q2; wealth gap narrows
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For many Koreans, real estate represents more than a place to live. For decades, it has yielded remarkable returns for investors, fostering the belief that prices will continue to climb as long as others keep investing in property. By the end of 2021, real estate accounted for 64.4 percent of assets owned by Korean households.
About 37,000 young Scouts and adult volunteers from over 150 countries participating in the 25th World Scout Jamboree are exploring regional travel points in Seoul and seven other cities after leaving the event's original venue on reclaimed land in Saemangeum, North Jeolla Province, due to a typhoon forecast, the organizing committee said, Wednesday.
Mortgage loans hit a new record high in July due to surging demand for housing finance as the local real estate market bounced back.
The mystical Mount Nam in Gyeongju, North Gyeongsang Province, is home to the spiritual endeavors of the Silla people. Now these aspirations are among some of Korea's most revered treasures.