Connect with us

Hi, what are you looking for?

Income Innovator HubIncome Innovator Hub

Economy

Concerns about a decline in the South Korean birth rate.

`)
}

});

} else {

$(‘.blur’).css({
‘background’: ‘linear-gradient(95deg, #4e4e4e 25%, #000 45%, #bbb 75%, #FFFFFF 100%) 98%/200% 100%’,
‘text-transform’: ‘inherit’,
‘-webkit-background-clip’: ‘text’,
‘background-clip’: ‘text’,
‘-webkit-text-fill-color’: ‘transparent’
})

$(“.wpb_content_element”).append(`

Want to read more?

Click on the button below to access all premium content
articles by purchasing one of our educational packages

GET PREMIUM

`)

}

});

Concerns about a decline in the South Korean birth rate.

The South Korean government is currently launching a new high-speed train service that will reduce the travel time between central Seoul and its outskirts. Their main hope is to encourage more youth to consider homes outside the city, with the expectation that they will then start families and have babies. Young people have often cited long commutes and cramped, expensive housing in greater Seoul, as the main reasons for not getting married and starting a family, and so officials are now pinning their hopes on the Great Train eXpress (GTX). This is a 134 trillion won ($99.5 billion) underground speed train project that will provide six lines linking Seoul to several outlying areas by 2035.

“Less time spent commuting will enable people to spend more time with their family in the mornings and evenings,” said President Yoon Suk Yeol as he inaugurated a section of the first line. And Land Minister Park Sang-woo said that “the GTX would allow young people to consider less expensive homes far away from the capital. The time they get back can go towards their families. The idea is to give people more leisure time after work. After all, when they face a two-hour commute on the way home, for example, how can they make time for babies?” he said.

Enter Your Information Below To Receive Latest News, And Articles.

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    WINDHAM, N.H. — It’s pouring rain Saturday morning as New Hampshire Gov. Chris Sununu (R) arrives at Mary Ann’s diner in Windham, fielding calls...

    Latest News

    Former New Jersey governor Chris Christie on Wednesday announced that he would suspend his long-shot bid for the 2024 Republican presidential nomination, clearing a...

    Latest News

    A super PAC that has overseen much of Ron DeSantis’s presidential operation has fired its CEO less than two weeks after the previous chief...

    Economy

    As the baby boomer generation continues to pass their wealth onto the generations which followed them, a recent report has shown that the amount...