The Societal Shift in Korea: Understanding the Decline in Young Families
A. Rising Housing Costs South Korea, particularly in major cities like Seoul, has witnessed skyrocketing housing prices. The high cost of living, coupled with stringent loan regulations, has made it increasingly difficult for young couples to afford their own homes. The ‘jeonse’ system, a unique Korean housing lease, requires substantial upfront deposits, further exacerbating financial … 더 읽기