- Jan 4, 2020
- Reaction score
I wonder if housing has anything to do with this. Japan has the largest numbe of single homes in east asia.
I would say it's more like the inflation of lifestyle expectations.
In SG, most families can afford such basic necessities. In fact, income/education and TFR are negatively correlated here. The higher the income/education, the lesser the number of kids. The higher the income, the higher the lifestyle expectations. So it's not really about affording the basic necessities. A high income family may consider enrichment classes, holidays and smartphone for their 7 year old kid as a necessity. The government is relatively powerless against such inflation of lifestyle expectations because human wants are never ending.
I reckon it's pretty much the same in other East Asian societies and developed countries.
If former prime minister Lee Kuan Yew were in charge of Singapore today, he would introduce a baby bonus equal to two years of the average Singaporean's salary. Read more at straitstimes.com.www.straitstimes.com
The main stream media forever blame the evil people while government are portray as good as God. In reality the government has a black hand on all these. On statistic, we can get impression that Singapore household earn enough for procreation. Devil is in detail.
However if the wife resign and take care of babies, the family income drop by half and overnight, family sinks into poverty.
And all these mean income is skewed to the high side by older workers. The young people have no monies. Everyone knows the trick of higher fertility rate is to get women to start breed at 20-24, instead of after 30.
GoS is main culprit of lower fertility. Dont listen to what they say, you observe what they do.
The Finance Ministry disputed the findings, saying "the conclusions may not be an accurate reflection of basic needs largely due to assumptions used". Read more at straitstimes.com.