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KMID : 1001320190460030033
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Social Welfare Policy
2019 Volume.46 No. 3 p.33 ~ p.61
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The impact of housing-cost burden on transition to marriage
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Um Da-Won
Hong Kyung-Zoon
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Abstract
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The purpose of this study is to find out how burden of housing cost affects the marriage decision. Recently, the change in the perception of marriage has made people be more considerate about cost effectiveness of marriage than before, the influence of the housing cost burden has increased at the same time. In addition, the level of influence of the housing cost burden is different between man and woman. To make sure if theoretical reasoning matches empirical facts, the 12 years (2004-2015) data of Korean labor and income panel study and the housing price information of the Korean appraisal board have been used to fulfill Cox proportional hazards model analysis of people in age of 18-34.
As a result, the possibility of marriage is lowered as the housing cost burden is larger. In other words, as the level of housing price to economic power of households get larger, the possibility of marriage becomes lower. In addtion, the negative effects of housing cost effect on marriage fulfills greater for males than for females. This suggests that norms of gender role in the economic contribution to marriage still remain. Therefore, to reduce the psychological burden of marriage and make it possible for marriage, various social policy options should be provided to lower the housing cost burden. Also, as the gender role norm amplify the burden of man and woman, the spread of gender equality culture and awareness at the fundamental level needs to be settled in our society.
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KEYWORD
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House cost burden, Transition to marriage, Gender role norm, Marriage delay, Increase in house prices
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