The High Cost of Marriage: A Korean Perspective
I'm Dan, and today we're discussing the escalating costs associated with marriage, particularly in Korea. Recent media reports highlight the financial burden, leading many young people to reconsider tying the knot.
The Extravagance of Korean Weddings
Average Wedding Expenses
A recent survey by the Aviation Consumers' Council revealed that the national average wedding expense in Korea is 21 million yuan. In the affluent Seoul Jiangnan area, this figure skyrockets to 34 million yuan – comparable to the price of a small car.
Media Criticism
The report sparked immediate criticism from Korean media, decrying the exorbitant wedding culture. Headlines focused on the idea that getting married is equivalent to burning money, especially in areas like Jiangnam.
The Burden on Young People
While affluent individuals can afford lavish weddings, the societal pressure to spend excessively is a major concern. The high cost of weddings is cited as a primary reason why many young Koreans are choosing not to marry. This pressure forces many into unnecessary spending to "keep up" with societal expectations.
Comparing to the United States: A Different Approach
US Wedding Costs
Data from 2023 indicates the average cost of marriage in the United States is 48 million yuan, higher than in South Korea. However, this average includes extravagant celebrity weddings.
Simplification Trends in the US
The prevailing trend in the US is simplification. Many couples are opting for smaller ceremonies, inviting fewer than 50 guests, and spending less than $10,000 on their weddings. Outdoor weddings, small parties, and destination weddings are also gaining popularity. Americans are actively seeking ways to reduce wedding expenses.
Why Can't Koreans Simplify? Five Key Reasons
1. Face Culture
Marriage is often viewed as a family affair, necessitating elaborate celebrations to maintain social standing and respect family expectations. The concept of "saving face" is paramount.
2. Comparative Mentality
Korean society fosters a competitive environment. Couples feel pressured to match or exceed the extravagance of other weddings, leading to unnecessary expenses.
3. Limited Choice for Young People
Even if young people desire a simpler wedding, parental expectations and family traditions often dictate otherwise. Deference to elders often results in costly, elaborate events.
4. The Wedding Industry's Influence
The wedding industry, encompassing venues, studios, dresses, and makeup, operates with opaque pricing and exaggerated service offerings, creating a sense of obligation to purchase. The industry uses pressure tactics to encourage spending.
5. Housing Costs
The expectation of providing housing further exacerbates the financial burden. The traditional concept of the man providing housing adds immense pressure to young couples. The presenter uses the analogy of finger painting to describe the government's response.
The Housing Crisis in Seoul
The Concentration of Opportunities
Seoul houses nearly 90% of the country's best jobs, educational resources, and transportation networks, creating a strong incentive to live there. The capital offers more opportunities.
Skyrocketing Housing Prices
The average house price in Seoul has surpassed 1 billion Korean won. This means that even dual-income couples would struggle to afford a home within a reasonable timeframe.
Marriage as a Reflection of Societal Issues
Marriage reflects the class divide, generational decline, and the shortcomings of government policies. The high cost of marriage highlights the limited choices available to young people in Korean society.
A Call for Government Action
There is a need for the government to address the needs of young people instead of simply blaming them for a lack of effort. The cost of marriage is only the surface, the deeper issue is how to give young people room to chose.