20-29-year-old South Koreans need 86.4 years to buy an apartment in Seoul with savings, up from 39.5 years in 2014.

20-29-year-old South Korean workers need 86.4 years to buy an apartment in Seoul with their savings, according to a report from the Labor Institute of the Korean Confederation of Trade Unions. This is more than double the 39.5 years needed in 2014. The average savable income for these households was 13.89 million won, while the average apartment price in Seoul was 1.2 billion won.