Comments by "kristine Sharp" (@kristinesharp6286) on "Arirang News" channel.

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  7. People are not having kids. It costs too much and is inconvenient. There is a virus. Everyone is masking up. They spent two decades working adults to death, relocating most adults to the larger cities particularly the Seoul metropolitan area. They encourage neighbors to go and get sterilized together for the good of the country. Promised military exemption for families with only one son, though that didn’t last long. They gave preference to housing lottery if you stopped at 1 or 2. In programming they showed success for families that were small and difficulty and worry with large families. It worked. In 1980 it was 2 kids per woman. Only they didn’t stop. They were emerging. Irrational exuberance was not slowing down. Now the country is developed and those gains ridiculous. We have elders that had one child. Outlived them and can’t afford noodles collecting boxes on the street. There are elders who never married cause the gender imbalance. When 1 makes you rich and 2 make you poor and the first is a boy you don’t keep going. The age of death went from 60 to 80. It’s the only reason the crisis didn’t happen in 2000. There is no reason people have to work more than 8 hours a day with youth unemployment, people not wanting to leave at 55 and people wanting to get back in workforce or change companies. In Korea everyone does what everyone else is doing. If your boss has one you have one. If your classmate from high school send their 10 year to English camp for the summer you do it to. All these updates are telling people no one is having kids, stay the course. No one cares about real estate cause no one has kids that would need a place. They will get their own one day. So prices can irrationally climb. 40% increase in 5 years success. .2% decline in a quarter failure. And short term changes matter because of Jeonse. Parents may move for school a few times for the kids. When the gov relocated gov workers to New Sejong most spouses stayed in Seoul with the kids. Although that area now has a better birth rate than most the country. I think it’s cause many workers have family in Seoul they naturally. Don’t expect much outside of work. This mean all employees get to go home and don’t have to drink all night with their divorced boss who is lonely. If you spend time and home you enjoy life. Your kids may remember family life at 30 and have a kid or two themselves. Those 30 now never saw their parents. They were working or the child in hagwon or mandatory study at school or study rooms to all hours of the night. Why would they want a family? What is that? These people will have no career at 50 or 55. What are they going to do for 25 years?
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