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Women Account for Nearly Five Times More Single Retirees in Korean Reverse Mortgage Program

Women Account for Nearly Five Times More Single Retirees in Korean Reverse Mortgage Program

SEOUL, Jan. 30 (Korea Bizwire) — Single women significantly outnumber single men in South Korea’s reverse mortgage program, accounting for nearly five times as many participants, according to recent government housing finance statistics. As of November 2024, single women made up 38% of new reverse mortgage subscribers, compared to just 8.1% for single men. Of the 13,163 [...]

Only 2.9 pct of S. Korean Single Women Say Marriage is Necessary

Only 2.9 pct of S. Korean Single Women Say Marriage is Necessary

SEOUL, Jan. 16 (Korea Bizwire) — Only 2.9 percent of South Korean single women regard marriage as necessary, a figure far lower than their Chinese counterparts, a survey showed Wednesday. In contrast, 19.4 percent of Chinese women consider marriage necessary, according to the survey of 411 and 413 single women aged 25-34 and living in [...]

More Korean Women Live Alone, Think Less about Marriage

More Korean Women Live Alone, Think Less about Marriage

SEJONG, Jul. 2 (Korea Bizwire) — More than 2.84 million Korean women live alone, with growing numbers engaged in economic activities, data showed on Monday. According to the Ministry of Gender Equality and Family and Statistics Korea, one-woman households accounted for 49.5 percent of the total 5.74 million single-person households this year. The statistics agency [...]

More Korean Women Live Alone, Think Less about Marriage

More Korean Women Live Alone, Think Less about Marriage

SEOUL, Jun. 28 (Korea Bizwire) — More than 2.6 million, or one in 10, Korean women live alone, and an increasing number believe marriage isn’t mandatory, recent data from the country’s national statistics agency showed Tuesday. According to the report “2017 Statistics on Women” released by the Ministry of Gender Equality and Family and Statistics [...]