Korea is reaching a ₩2,000 trillion household-debt threshold as rates turn upward
South Korea’s household credit is now reported as effectively certain to cross ₩2,000 trillion, although the official second-quarter total has not yet been used as a confirmed figure. The milestone sharpens a policy contradiction: mortgages remain the main engine of borrowing just as the Bank of Korea has begun tightening and the government has given lenders more room to expand credit.
Korea doubles down on housing supply as affordability pressure mounts
Construction finance will rise to at least ₩47.8 trillion and new support targets young and newlywed buyers — but easier credit complicates the fight against household debt.
KOSPI is back in a bull market — barely two weeks after its rout
The benchmark has rebounded roughly 22% from its July 30 low as Samsung Electronics and SK hynix recover, showing just how violently Korea’s AI-driven market can reverse direction.