Increasing number of newlyweds pretending to be unmarried in South Korea

In South Korea, the number of "fake unmarried" couples who postpone submitting their marriage registration due to "real estate issues" is increasing, and this is attracting attention from overseas media.
The Nihon Keizai Shimbun reported on the 16th that "In South Korea, the percentage of newlyweds who have postponed marriage registration for more than a year will reach 20% by 2024.
"Traditionally, marriage has been valued in East Asia, including Korea, but in recent years, the rapid rise in real estate prices and changing perceptions among young people have led to a shift in society," the report continued.
The paper analyzed this phenomenon by saying, "The problem is the structure of the 'penalty' that occurs when Koreans get married." For example, unmarried people
If a person's annual income is 60 million won (approximately 6.4 million yen) or less, they can use policy-based financial products, but in the case of married couples, the "Kan" system applies when the combined income is 85 million won (approximately 9.07 million yen) or less.
Furthermore, newlyweds are at a disadvantage because home equity loans are assessed based on the combined income of both spouses.
The newspaper said, "For this reason, people are postponing the submission of their marriage registration or not submitting it at all, which is called 'fake'.
"This will lead to an increase in the number of unmarried people, which will ultimately lead to a decrease in the birth rate."