The study, titled ‘Trend Report: The Kangaroo Tribe,’ was released on March 14 by Focus Media Korea. (Image courtesy of Focus Media Korea)
SEOUL, Mar. 15 (Korea Bizwire) – A recent study has revealed that 7 out of 10 young adults aged 25 to 39, residing with their parents in apartments, have no immediate plans to live independently until marriage.
The study, titled ‘Trend Report: The Kangaroo Tribe,’ was released on March 14 by Focus Media Korea, the operator of ElevatorTV. It delves into the lifestyles of apartment residents.
The survey, conducted among 196 individuals within the specified age group living with their parents in buildings equipped with Focus Media’s ElevatorTV, found that 68% had no intention of moving out before getting married.
Only 24% of the respondents indicated plans to move out within a year, while a mere 4% expected to do so within the same timeframe. Additionally, 4% of the residents mentioned they did not intend to live independently even after marriage.
The primary reasons for choosing to stay with parents included a lack of perceived need for independence (40%, with multiple responses allowed) and the comfort of living with parents (32%). It appears that the convenience of having basic needs met by parents diminishes the motivation to move out.
Economic factors also play a significant role, with 32% citing high housing costs and 23% mentioning the burden of living expenses. The convenience of commuting or attending school from their parents’ home was another significant factor, mentioned by 26% of respondents.
Interestingly, 69% of those living with their parents contribute to household expenses, with contributions ranging between 300,000 to 500,000 won (35%), under 300,000 won (26%), and over 500,000 won (8%). However, 31% do not contribute financially to the household.
Despite their living arrangements, 71% of the kangaroo tribe reported that their parents primarily purchase household necessities. Furthermore, 72% expressed intentions to travel abroad within the next year, highlighting a tendency towards personal spending despite the low burden of living expenses.
When it comes to offline shopping, convenience stores were the most popular choice among the group (57%, with multiple responses allowed), followed by large supermarkets (52%), which they likely visit with their families. Neighborhood markets (35%), company-operated superstores (26%), and department stores (26%) were also frequented.
M. H. Lee (mhlee@koreabizwire.com)
