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It's a combination of many factors. It's so extremely expensive to have children here because of how the society is structured and how competitive everything is. If you can't afford to pay for after school for them to go to every day to and learn additional things they need but don't get tought at public school, they have no chance to get into a reasonable University and end up with a shitty life.
Another thing is the huge divide between men and women which is getting worse by the day. Men are bitching that women don't want to date and marry them while not helping with the children or house work at all. So women don't want to deal with all this shit alone and either get married to very rich guys who can provide a easy life for them or don't at all and concentrate on their career instead.
The government has poured in unbelievable amounts of money to try to fix it, but nothing is working so far.
I remember seeing a YouTube video that said South Korea's culture combines the worst parts of East and West. The impossibly high standards of perfection of the East and the crass consumerism of the West, where you must have the most expensive things and look like a movie star or you're looked down on. I don't know how true it actually is, though.
When it comes to dating it is certainly quite true. One of the ways to get away from it is for men to find someone from a poorer Asian country and for women to also look even more west.