Younger Generation Archives | Be Korea-savvy
Home / Posts tagged Younger Generation
South Korean Youth Face Growing Housing Divide Amid Soaring Property Prices

South Korean Youth Face Growing Housing Divide Amid Soaring Property Prices

SEJONG, June 27 (Korea Bizwire) — A widening housing disparity is emerging among South Korea’s younger generations, driven in part by soaring real estate prices in the Seoul metropolitan area, according to a new government study. In its summer issue of Statistics Plus, the National Statistical Office’s research institute published a report analyzing generational shifts [...]

Majority of S. Koreans Believe the Younger Generation Has a Lower Chance of Climbing the Social Ladder

Majority of S. Koreans Believe the Younger Generation Has a Lower Chance of Climbing the Social Ladder

SEJONG, Nov. 9 (Korea Bizwire) – More than half of South Koreans believe that the younger generation has a lower chance of climbing the social ladder. In addition, seven out of 10 elderly people live separately from their children, and eight out of 10 of them earn their living independently. Statistics Korea announced the results of [...]