More Young People Move to Satellite Cities

Chosun Ilbo | Dec 7, 2021 at 12:57 PM
  • More young people are moving to the hi-tech satellite cities surrounding the capital like Hwaesong in Gyeonggi Province as older industrial towns are emptying out.
  • Hwaseong is home to factories and research centers by big tech employers like Samsung and Hyundai, while the industrial town of Changwon suffered the double whammy of the government’s nuclear phaseout and a depressed automotive parts and heavy industry.
  • At the other end of the scale, Changwon saw the number of residents in their 20s and 30s shrink from some 300,000 in 2017 to 257,000 this year as its major heavy and machinery industries suffered a depression.