This study examined the interregional population movement patterns of young people using data from the YP2007 (youth panel 2007) and empirically analyzed the factors influencing residential mobility. Over the past 10 years, the metropolitan area exper...
This study examined the interregional population movement patterns of young people using data from the YP2007 (youth panel 2007) and empirically analyzed the factors influencing residential mobility. Over the past 10 years, the metropolitan area experienced a larger population inflow than outflow compared to other regions, such as the central region, Honam, and Yeongnam. Conversely, the outflow-to-inflow ratio was relatively high in the Honam and Yeongnam regions. In the central region, population inflow slightly exceeded outflow. Overall, the data indicate a clear trend of young people concentrating in the metropolitan area. The analysis of residential mobility factors revealed that young people who owned homes were less likely to relocate than those renting (e.g., monthly rent, etc). However, young people living in apartments exhibited higher mobility rates compared to those in non-apartment housing types (e.g., single-family homes, townhouses, multi-family units, officetels, etc ). This pattern held true for both metropolitan and non-metropolitan areas: homeownership reduced the likelihood of mobility, while those renting (e.g., under jeonse or monthly rent agreements) were more likely to move. The study also found that certain demographic factors-such as being female, older, highly educated, or a household head-increased the likelihood of moving. These groups were more likely to achieve economic independence from their parents, often through renting, which in turn made them more mobile. Economic independence for young people typically manifests as renting under jeonse or monthly agreements. Consequently, the study suggests that due to insufficient financial resources for homeownership, young people are likely to remain mobile in the future.