FIRST AIRED: January 24, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>>
BLANK_AU
IO]
00:00:02
Like a son, but cheaper. That's what young South Koreans now say when it comes to pets. With sky-high housing prices and notorious working hours, many of them are choosing fur babies over real ones.>> We both work and don't have the time so the thought of having a baby never crossed our minds.
00:00:20
It seems like too much pressure.>> Kang Sung-Il and his wife say they can't afford a child. Instead, they're focusing their energy on their five year old Pomeranian, Sancho.>> Whenever I go in business trips abroad, I always bring something back for Sancho because I'm his dad.>> On average the couple spends about $90 a month on Sancho.
00:00:39
Private schooling alone for a child would cost almost three times that amount. But it's not just the Kangs, experts say Korea's pet population is growing as more people choose not to have babies or even get married. That's why time old Korean traditions like taking photos of your baby's first birthday are translating into pictures of pooches instead.
00:00:59
>>
FOREIGN]
> I always introduced my dog as only my son. Even my friends don't understand me, but my dog did.>> And the pup boom is only getting bigger.
00:01:24
That includes everything from fancy pet food with ginseng, air purifiers for puppies or even the dog funerals, a service that's becoming increasingly popular in the country.>>
00:01:44
Experts say the pup business in South Korea is expected to grow three fold in the next decade.