Even old couples (with a condo or HDB) divorce to buy another HDB... ...
Singapore’s BTO public housing: homewrecker or dealmaker as some couples tie knot for flats?
A study shows a possible link between a rise in marriages, Singapore’s public housing scheme and divorce rates
https://www.scmp.com/week-asia/life...cker-or-dealmaker-some-couples-tie-knot-flats
In Singapore, the traditional “Will you marry me?” proposal has long been replaced by the more pragmatic, though less romantic suggestion of “Do you want to apply for a flat with me?” However, high costs of rent, long wait times and attractive subsidies have pushed some to jump the gun, leading to messy break-ups and being forced to return up to tens of thousands of dollars to the Housing Development Board (HDB).
In a recent study titled “Marry for Love, or Love of House?”, three researchers delved into the relationship between marriage and divorce rates, and application for BTO flats. “One possible explanation for the increase in divorce rates is that the BTO scheme might have rushed marriage decisions, which increase the likelihood of subsequent marriages,” the study stated.
