W13.1 Answer in-class questions (ChaeHyun Lee)

Q. what can be done to improve the fertility rate in korea or China? What will happen if that rate is not improved?


A. I recently watched a documentary on how other countries (Taiwan, Japan, and Singapore) that are facing fertility issues, such as South Korea and China, are taking measures to reduce the birth rate. In Singapore, there is a legally guaranteed housing culture where the government rents apartments to people for 99 years, so young people are less likely to face wage or housing insecurity and have the highest fertility rate compared to other countries.


People who really need a house for a stable family are not guaranteed housing, houses become investment vehicles for wealthy people, and social chaos is emerging. There are a lot of unused, neglected and overpriced houses and korea government should be proactive in making them affordable to young people who really need them. 


If the rate doesn't improve, it could really wipe out the population and cause the country to disappear. Currently, South Korea has a total fertility rate of 0.78 children, which puts the country at risk of total extinction in about 700 years.  

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