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    Almost 50 per cent of single Koreans in their 30s and 40s still live with parents

    ANN/KOREA HERALD – Nearly half of single South Koreans in their 30s and 40s were living with their parents, according to a study released last Thursday.

    According to a report released by the Korea Institute for Health and Social Affairs, 49.7 per cent of those in their 30s and 48.8 per cent of those in their 40s who are not married were living with their parents.

    In both age groups, women showed a higher rate of living with their parents. Some 54.5 per cent of women in their 30s and 50.6 per cent in their 40s were living with their parents, while 47.6 per cent of men in their 30s and 48.1 per cent in their 40s lived with their parents.

    Some 30 per cent of adults aged between 19 and 49 were living with their parents. When narrowing the group down to those who were unmarried, the figure stood at 62.4 per cent.“The rate of those in their 30s and 40s who are living with their parents is high, as co-living for adults is focussed on marriage in Korea,” said Choi Seon-yeong, who conducted the study.

    While 36.4 per cent of adults between 19 and 49 said marriage was the motivation for residential independence, 28.2 per cent and 20.9 per cent said school and work were the reasons, respectively.

    The report showed that economic status also affected residential independence.

    “The reason for the higher rate of residential independence in more economically established groups is because they tend to think that leaving their parents’ residence is something desirable,” Choi said.

    The study was conducted on 14,000 adults aged 19 to 49 between September to December 2021.

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