As Home Prices Soar, Couples Drop Family Plans

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-06-22 HKT 17:10

Share this story

facebook

  • A new survey found 53 percent of couples did not want to have children. Image: Shutterstock

    A new survey found 53 percent of couples did not want to have children. Image: Shutterstock

Housing prices and high rents are driving more and more people in Hong Kong to decide against starting a family.

A survey among couples in the city has found that people's desire to have children has hit a five-year low, with 53 percent of those polled saying they do not plan to do so.

The reading in last year's poll was only 28.5 percent.

The Hong Kong Women Development Association said expensive housing was cited by an overwhelming 83 percent of people as their main reason for deciding not to have kids.

A majority of those in the survey said their earnings were not sufficient to meet the financial burden of bringing up children, given the rent and other expenses they would have to meet.

The association said an increased supply of public and subsidised housing could encourage people to have children.

The survey polled more than 800 men and women aged between 20 and 49.

It also found that men now are more inclined to have children compared to women, reversing a five-year trend since the annual survey began.

RECENT NEWS

Payoneer Completes Easylink Payment Acquisition, To Expand In China

Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more

Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia

Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more

HKMA Steps Up Against Digital Scams With Fresh Safeguards

The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more

Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April

Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more

XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo

XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more

Bain Capital Aims To Raise US$9 Billion For New Asia Funds

Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more