September 28, 2021 12:29
Half of Korean men and one-third of Korean women in their 30s are single as more and more young people postpone marriage due to problems finding jobs and buying homes.
Statistics Korea on Monday said 50.8 percent of men in their 30s or 1.74 million and 33.6 percent of women in the age group or 1.08 million are single.
And almost all Koreans in their 20s now describe themselves as single with 95.5 percent of men and 89.8 percent of women.
However, respondents do not always tell the truth as some stigma still attaches to parading unmarried relationships publicly. What the figures show is mainly that they cannot afford to marry.
In a recent poll of 947 people aged 19 to 49 by the Korea Institute for Health and Social Affairs, 31 percent of respondents cited difficulties buying a home as the biggest reason for postponing marriage, while 27.6 percent pointed to job insecurity and 26.2 percent their preference for freedom.
Kim So-young at Seoul National University said, "Drastic measures are needed, such as expanding housing supply and making more loans available for newlywed couples to make it easier for them to buy homes."
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