Analysts suggest that financial assets expanded by rising stock prices are serving as a major resource for housing purchases among people in their 50s and 60s.

According to the office of Representative Kim Jong-yang of the People Power Party, who sits on the National Assembly's Land, Infrastructure and Transport Committee, the amount of money that people in their 50s and older poured into housing purchases after selling stocks and bonds during the first seven months of this year exceeded 2.8 trillion won, already surpassing last year's annual total by 36.6%.

On the other hand, the proportion of bank loans stood at a mere 11%, becoming the background for the rising housing purchasing power of the 5060 generation despite stringent loan regulations.

The total purchase amount of homes bought by those in their 50s and older from January to July was tallied at 41.2743 trillion won.

Among this, funds raised through the disposal of existing real estate reached approximately 19.4310 trillion won, accounting for 47.1% of the total.

Proceeds from the liquidation of stocks and bonds also amounted to 2.8167 trillion won.

Combining the two funding sources yields 22.2477 trillion won, which is 53.9% of the total housing purchase amount.

In other words, the 5060 generation raised more than half of their home purchase funds by liquidating existing assets.

Conversely, their dependence on financial institution loans was relatively low.

Funds raised through loans from financial institutions accounted for 14.6% of the housing purchase amount for those in their 50s, and a mere 7.2% for those in their 60s and older.

Meanwhile, people in their 30s and 40s showed the exact opposite pattern.

The proportion of financial institution loans for those in their 30s was 40.3%, the highest across all age groups.

Loan amounts alone reached 19.0743 trillion won.

Those in their 40s also procured 25.5% of their home purchase amount through loans from financial institutions.

Experts analyzed that for people in their 30s and 40s, the eligible loan amount itself dictates whether they can buy a home just as much as the interest rate level.

The explanation is that given the situation where mortgage rates at commercial banks have already risen significantly, the inability to secure the necessary funds due to total loan management and various regulations has a more direct impact.

Reported by Kim Jiuk | Video by Lee Yu-jin | Graphics by Yook Do-hyun | Produced by SBS Digital News