The mayor of Seoul city, Mr. Park Won-soon pledged to provide "financial aid or public house" for 25,000 newlywed couples/year, according to the news report published in the website of soul government.

The report says that in last seven years, the average housing rent increased by 44%, while the increase in average salary was only 11%.

Consequently, the newlywed couples are struggling to meet the monthly rent and paying interest for housing loans. This problem lead to “N-po Generation, a generation giving up a number of essential human activities, seems including giving a birth to baby.

The detailed article can be found in the English version of www.seoul.go.kr . 

                                                              Image Courtesy: www.seoul.go.kr

Note: This news compiled and edited By Dr. S. Ramasundaram. He acknowledges that this information is obtained from the http://english.seoul.go.kr/seoul-releases-housing-support-programs-for-newlywed-couples/. The author is recognized Scientist and working as a Director (Research) at CJ Instruments, registered under Korea-Techno Venture Foundation located at the premises of Korea Institute of Science and Technology (KIST), Seoul, South Korea.

News was published in this website by one of the Editor Er. Sahaya Darcius. P