The incentives and perks did not work despite being introduced after 1986. $20k per kid etc show no discernible shift in numbers. Only people who were keen to have kids enjoyed it. Substantial HDB pricing discounts also did not work.
Its a structural and environmental issue with long time cash flow ramifications as perceived by young adults.
Here is a simplistic scenario. It common knowledge that both spouses need to be gainfully employed in the first 15 years to be in league with other colleagues and ex classmates with similar qualifications. Society will look down on a single income family that has a 3 room flat as opposed to a 4 room flat which a double income family can afford.
It then the question of a child and the stress on the parents. Long term planning requires a period of rental for a house near Henry Park. 2 kids and the stress doubles as proximity alone would not guarantee a place.
Then you have the fear that if you take maternity, your place in the pecking order will fall and that promotion ladder has been taken away for a while. This is now compounded by the fact they it is cheaper to replace you with an FT.
I know of families that have migrated in order to raise a family in a less stressful environment.
Its a structural and environmental issue with long time cash flow ramifications as perceived by young adults.
Here is a simplistic scenario. It common knowledge that both spouses need to be gainfully employed in the first 15 years to be in league with other colleagues and ex classmates with similar qualifications. Society will look down on a single income family that has a 3 room flat as opposed to a 4 room flat which a double income family can afford.
It then the question of a child and the stress on the parents. Long term planning requires a period of rental for a house near Henry Park. 2 kids and the stress doubles as proximity alone would not guarantee a place.
Then you have the fear that if you take maternity, your place in the pecking order will fall and that promotion ladder has been taken away for a while. This is now compounded by the fact they it is cheaper to replace you with an FT.
I know of families that have migrated in order to raise a family in a less stressful environment.
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