[AtoZ Korean Mind] Korea's broken ladder of social mobility
Choi Kyung-min, 33, describes himself and his wife as having been born with a “dirt spoon” in their mouths, meaning they come from less privileged backgrounds. Both graduated from university with student loans to pay back, and their parents are unprepared for retirement. Now renting a small apartment in Gyeonggi Province, they support their parents financially while trying to save as much as possible. However, it would take more than 10 years of saving to afford buying a home in
June 16, 2024