I was reading an article in today's Sunday Times about a couple who temporarily rented government flat for low income people even though they don't seem to fit the profile of rental flat dweller who are usually older people, single mother, and destitute. They claim that they used to live with one of their parents and it's not working out any longer.
I believe, one of the reason why couples delayed getting married is housing problem. Many don't have saving for a down payment of a flat plus the cost of setting up a household. The idea of living with one of the parents are just off putting. Renting a condo is expensive. If the Singapore government want more young couples to get hitched, maybe it's a good idea to make government subsidized rental flat available for honeymooner for a period of one or two years of their married life so they can safe up for their own flat. Imagine you are a fresh graduate just beginning to work. Each of you make $2000-2500. How many years would it take to save up around $40,000 to $100,000 to set up your own household? At least 2 years depending on how much of your income you saved.
So, if the Singapore government want young people to marry earlier, sort out immediate housing issue so that planning a wedding doesn't have to take so long.
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