Connect with us

Hi, what are you looking for?

Real Investment StarReal Investment Star

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.

    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

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Investing

    Democratic Gov. Janet Mills on Wednesday vetoed a bill aimed at prohibiting foreign influence in Maine elections, but voters will get the final say...

    Latest News

    There were several reasons offered in support of the congestion pricing plan that was supposed to go into effect in New York at the...

    Latest News

    House Speaker Mike Johnson (R-La.) on Wednesday appointed Reps. Scott Perry (R-Pa.) and Ronny Jackson (R-Tex.), two Trump loyalists who denied the results of...

    Disclaimer: realinvestmentstar.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 realinvestmentstar.com