Borrowing to the Hilt and Investing with Debt Among Those in Their 30s Surge… Average Loan Surpasses 100 Million Won for the First Time

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"All-in" borrowing and investing with debt are surging among those in their 30s; average loan surpasses 100 million won for the first time. While assets increased 2.5 times over the past 8 years, debt tripled. The proportion of young people among households with high-risk debt is rapidly increasing. Mr. Choi (38), who works at a mid-sized company in Seoul, took out a 300 million won bank loan the year before last to purchase an older apartment i…