Tuesday, March 16, 2021

Young married South Koreans are pretending to be single in order to skip the line for affordable housing

Some South Korean couples may be holding off on registering their marriages to make it easier to buy their first home.

INSIDER

According to a report by the Korean outlet Chosun Ilibo, many couples may be living together after holding "informal" wedding ceremonies.

But after the big day, these couples sometimes elect not to register their marriage in the hope of getting assigned affordable housing more quickly or to avoid having to pay high housing taxes. 

No comments:

Post a Comment