Chinese youth reluctant to wed before buying home

June 5th, 2011 - 11:36 am ICT by IANS  

Beijing, June 5 (IANS) Call it the curse of modern-era or high living cost that many youngsters are consistently postponing their wedding plans, or the married are reluctant to have children simply because the don’t have a roof over their head. In China, a large number of youth are faced with this dilemma.

Housing pressure has resulted in 24.8 percent of China’s urban youth postponing marriage, and another 21.3 percent postponing having children, Xinhua quoted a latest survey as stating.

According to the survey conducted by the Xiaokang Magazine, nearly 70 percent of respondents, mainly youth aged between 25 and 35 living in urban areas, said they would not like to get married if they still had to rent.

The magazine, a subsidiary of Qiushi (Seeking Truth) Magazine, jointly conducted the survey with Tsinghua University last month to learn the housing situation of youth living in large and medium-sized cities.

Nearly 22 percent of the surveyed people dwell in rented houses, who, however, said they lacked a sense of security.

Many youths living in first-tier cities, such as Beijing, Shanghai, Guangzhou and Shenzhen, said they were considering relocating to second and third-tier cities because of the high price of houses, according to the survey.

However, house prices in second and third-tier cities still posed a headache for Chinese youth, with 65.6 percent of respondents under great pressure, almost the same result as for first-tier cities.

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