South Korea: A room with a view
How Seoul's housing crisis is contributing to a population problem.
鈥淚t鈥檚 like living in a cemetery.鈥 Jung Seongno lives in a banjiha, or semi-basement apartment in the South Korean capital Seoul. Last August parts of Seoul experienced major flooding. As a result several people, including a family of three, drowned in their banjiha. Seongno dreams of having a place where the sunlight and the wind can come in.
These subterranean dwellings are just one example of a growing wealth divide in Asia鈥檚 fourth largest economy. With almost half of the country鈥檚 population living in Greater Seoul, the struggle to find affordable housing has become a major political issue. It also contributes to Korea鈥檚 worryingly low birth rate. The inability of young people to afford a home of their own means they are not starting families. Many have given up on relationships altogether.
John Murphy reports from Seoul, where owning a home of your own is so important and yet increasingly unattainable.
Produced and presented by John Murphy
Producer in Seoul: Keith Keunhyung Park
Studio mix: Rod Farquhar
Production co-ordinator: Iona Hammond
Series editor: Penny Murphy
(Photo: Park Jongeon, his wife and dog live in this one room in one of Seoul鈥檚 poor housing districts. Credit: John Murphy)
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