Shocking! BTOs Lead to More Divorce!

Singapore might finally see an increase in birth rates with this new policy.
The cost of living has increased significantly in recent years, causing many Singaporeans to give up on marriage or having children. There is one good trend: The young couples are getting married earlier and earlier, due to increasing BTO Prices.
And in the recent years, there has been a significant increase in the number of divorce rates coming from the BTO side! What has caused this?
Find out in today's video!
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[@johnnytate69]

1. Marriage is IPO for women 2. Divorce is cashing out 3. Alimony is passive income for women, ensured by gahmen

[@FoodieWarrior]

Nothing to do with BTO policies IMHO. Nowadays, couples tend not to go through thick & thin. 😢

[@1m65]

Sadly true

[@cathhl2440]

Reel life lor... They grew up expecting Instagram life in real life.

[@aloysiuslim2306]

Easy for older generation to just criticise the younger generation just because you guys have crossed over to the other side. Each generation have their own trials and tribulations. let’s not be condescending

[@leonardkim8631]

@@aloysiuslim2306 When you grow older, come join us on the other side.

[@goldenswan2458]

True. This research is just a correlation but not causation.

[@bohtuanyap1138]

Getting a BTO is striking the Jackpot when the MOP is up. I don't discount that there will be cases where a young couple applying BTO as an investment contract with no intention to be life partners, They go separate ways with their profit once they realise their BTO windfall. Getting into a sham marriage for profit!

[@1MW9]

I waited 6 years for my BTO. For mature estates, the first timer application ratio is usually 8:1 or 10:1. If a couple takes 8 tries to get a queue number, that would be 2 years of trying, and also assuming all 8 exercises have desired projects. In order to collect keys by mid twenties (Average age of owning a house in most countries), working backwards, they should get a queue number after A levels. To get a queue number after 2 years of balloting, they should start applying for BTO after their O levels examinations. To ensure that the partners are suitable for each other, the couple should date for 2 years at least before considering BTO, thus we should consider our secondary school crush as candidates for marriage and BTO. To summarize, to own a house in Singapore in mid twenties, you need to end up applying for BTO wtih your sec 2 crush. Otherwise, pay half a million or more for resale. Question: Why is a necessity such as housing, held as a hostage to a lifelong decision such as marriage?

[@1m65]

They should build ahead of demand

[@1MW9]

@@1m65 100% spot on!

[@johnwong4424]

​@1m65 but Singaporeans are kiasu. They only want good location, high floor unit, north-south facing unit, not near the lift. Who will buy the balance units ?

[@1MW9]

@@johnwong4424 true, just lower the price for those units

[@MsCorydorus]

This seems so if we look from pessimistic angle. However, without encouragement for more earlier marriages we may have much fewer marriages later on. The key is in net whether there will be more marriage families increase in total after deducting more divorces. Secondly, our earlier marriage is quite late compared to many developed countries.

[@go2c]

No money, no honey... same in every generation or culture.

[@ivantan6841]

Registered, buy BTO, rent out the rooms, sell MOP flat for a good profit, divorce. Get another partner that never had a grant from HDB before, do it another time. Can become millionaire before 40s. Since many young people have no intend to have children, this look like a not bad investment.

[@panda63725]

Second timer with first timer enjoys the same priority queue but not grant and in addition, pay a resale levy.

[@panda63725]

So infact if you toy with this idea, you will loose out the bigger grant later when you meet the right person on second marriage, grant may be increased by then and as second timer you do not enjoy the grant.

[@peezpeez1317]

Everything is money in Singapore but life is too short to live with a person you hate and go through the pains and troubles.

[@liweiquek7382]

Never rush to buy BTO as can't find Mr Right. Now already 25 and not qualify to buy BTO already. Still can't find Mr Right. Sad. So, not everyone marry because of BTO.

[@bakkwa8705]

Better to be single than rushing into a bad marriage . The consequences of a bad marriage affects a woman more than a man , more so if there are children involved .

[@johnnytate69]

Hypergamy

[@reallydead]

how can there not be a higher divorce rate, if the way to get own house primarily is via a marriage? The marriage is built on BTO, not love. Anyway, that recent cut to 2.5% only means that long term debt increased from 95% to 97.5% If they can't afford 2.5%, how can they be guaranteed that they can pay for the balance 97.5%? A marriage cert doesn't mean the couple is suddenly matured, emotionally, financially, personally, etc etc.

[@sytang3536]

totally agreed. Too young cannot appreciate marriage

[@Mike-e1n]

Anticipated already when it was first announced that students can easier buy their BTO

[@Xamael666]

Hmmm small number of high earning couples could be "divorced in name" in order to decouple "legally" so ex-husband can buy 1 private property, ex-wife 1 private property for investment purposes....ex-wife or ex-husband can either stay together in 1 property & fully rent out the other By doing this, there is no way for any government measures (ABSD, etc.), current or future that will impact this property investment strategy

[@lcldan]

You don't need to divorce to own 2 private property. With husband and wife owning one each not paying any absd as of now.

[@Xamael666]

@@lcldan Yeah, that's obvious but they won't be able to take advantage of the housing grants when they sell their 1st BTO [What happens when I sell the flat? If you sell your flat, all CPF monies used to purchase the flat, including the CPF housing grant(s) enjoyed, will be returned to your CPF account.] So in a way, will "boost" their CPF OA to use for next property purchase

[@roystonling5115]

Everyone, regardless of income/wealth, should be allowed to buy once from the hdb. This will remove all incentive to buy fast. Besides why should it be restricted to certain people only? Can't be that policy requires higher salaried workers to work much harder only to have a lower standard of living.

[@ylein6508]

Correlation does not imply casuation

[@allisonbrady1364]

MrLoo, i will divorce my wife to avoid ABSD

[@choonhockong8215]

😂

[@wilightened]

As what Mr Loo said, "just marry up, dont marry down". I support this phrase and I am entitled for my own opinion.

[@fool1124]

Divorced then can buy one hdb each.

[@MasterChiefSpartan]

Not surprising. Confirms my hunch I have. Globally, monetary disagreements / financial dispute between spouses are always in the top 3 reasons of divorce for many countries despite cultural differences.

[@wxhu57]

Wah I cannot agree more this time. Great advise Mr Loo

[@MasterChiefSpartan]

Not suprising that it is very hard for those who lived in private housing since birth to adjust to staying in a small HDB property with their spouse. Warren buffet has told many people to marry the best marriage partner that have the lowest expectation among all the romantic options you have

[@ahnana833]

Divorce increment is unavoidable effect of stressful & developed society, think we shouldn't try to avoid it just like our falling birth rates.

[@1m65]

But non-BTO don’t have high divorce rates

[@laykhoontan2237]

@@1m65play

[@KC-oc7ki]

At 8:06 into the video, Given that a divorce is between a man and a woman in SG, why are the graphs indicating divorce rate different for male and female?

[@saywaifoo]

May just mean that higher income couples (who don’t qualify or stay in bto) are less likely to divorce

[@dfr13]

the lowered 2.5% down payment exacerbates the situation. if couples lack the financial capacity to even make this down payment, it’s evident that they aren’t prepared for the substantial commitments involved. by promoting and simplifying home purchases for couples who haven’t yet entered the workforce or stabilized their finances, we inadvertently turn it into a casual endeavor-akin to an easy-level game. unfortunately, this approach may likely lead to more divorces in the long run.

[@shirleyteo3788]

Urge govt to do claw back on the profit made from bto if divorce within x years. I have been warned abt marrying down. Surround yourself with mentor couples and learn well..

[@1MW9]

how about solving the problem from the root by not requiring marriage as part of BTO application, or reducing the wait time so that couples can spend more time deciding if they are right for each other, instead of being forced to rush into a lifelong decision?

[@1m65]

Good idea!

[@shurakishi4707]

HDB BTO is getting more and more expensive. Financial problems is always among the top 3 reasons for divorce in Singapore, among other reasons like unreasonable behaviour, or kids. So go figure. It will not be surprising that with such high financial committment needed, it will actually lead to more divorce.

[@frjuy]

like you said, idiots also can see that rushing into marriage will lead to regretful divorce i foresee a boom in demand in the social service sector, particularly in marriage counselling, family lawyers, and childcare facilities and children counselling will also be in demand as there will be more single parents.... which will also create more problematic children since children will lack love and attention, and proper upbringing from a single parent, thus children have a lack of discipline, or have more mental issues, which will result in more social issues, like trouble making, attention seeking, or even crime... so on.... the problems will just trickle down and unfortunately, we will only see the effects of bad policy twenty, thirty years later.... too late to revise policy as the damage is already done.

[@kelvingoh7746]

Subtle difference between COMPLETE and FINISHED. If you marry the right person, you are COMPLETE. If you marry the wrong person, your are FINISHED.

[@maxp670]

Let put it this way - we can't define "the right person" because we ourself may not be right to the "right person" in front of us.

[@NiceEarth12]

Please pronounce “divorce” properly. It's “deevorce”, not “daivorce”. Not I say one, it's my dictionary app say one.

[@Ben-gp5ty]

What about those young couples buying expensive condo units ?

[@jironghuang4895]

In econometrics, this is a technique called difference in difference. What the authors did is to use other housing types as a control counterfactual group. BTO is the so called treatment group. And the difference in divorce rate and controlling for other socioeconomic variables can be identified as the 'treatment divorce effect'.

[@1m65]

Wow, I didn’t learn this in econometrics in my time. Sounds very cheem.

[@ylein6508]

I don’t know econometrics but did they look at just correlated but it may not mean it was the cause

[@jironghuang4895]

It's a pseudo A/B testing in a social science field. If the control group is supported by correct economic intuition, you can infer the treatment effect from there.

[@qwe2poiu]

It may be a contributing factor but not an absolute. Couples are adults and these are the decisions of life. They need to learn, couples after them will need to learn too. Bad decisions as adults should not dampen the good that BTO is for others. It is a really good initiative, young couples in other countries have it much harder in terms of housing.

[@ysl9784]

So the gov sh relax lower the age of single to purchase the Resale HDB .

[@mchan1970]

Great strategy. Just ROM, no need to throw a wedding dinner or banquet. Innovative investment thru marriage Guaranteed returns.

[@xfall86]

I like the last point . Never rush despite the pressures, bto etc

[@1m65]

Agree!

[@mohdpolaris3403]

They should think of a better way to boost fertility rate

[@marvelcomiks8078]

Government should improve birthrates and incentivize reproduction by giving subsidies to the PERSON. Eg. undergrad/postgrad studies, medical etc. to people who are married and with children.

[@melvinlee6581]

very good take.

[@isaachung9382]

Common sense....effect of BTO Policy on Marriage and divorcé...

[@christyhilton1919]

I totally agree to this report. Is not BTO fault. These youngsters are rushing.

[@1m65]

Yeap

[@Utube1024]

Partly

[@kennethchia7290]

No matter how I hear… leading root cause seems to be money issues… rich husbands no problem… poor husbands all the best…

[@1m65]

Ha… yes agree

[@johnnytate69]

Bingo.

[@aloysiuslim2306]

Young Singaporean women quite spoilt these days all aspire to be tai tai lol

[@1m65]

Is it?

[@chairman-meow]

HDB Tai tai raising HDB royalty 🤴

[@aloysiuslim2306]

@@1m65 yes I graduated from SMU 4 years ago all my female classmates no ambition all just want to find rich husband and be tai tai. Similar story with my now colleagues

[@1m65]

@@aloysiuslim2306seriously!!?

[@johnnytate69]

Nothing wrong with wanting to be tai tai. But the problem is local women cannot make it.

[@tulipsandpeaches1834]

Months ago, Mr Loo applauding govt for making it easier for students to get bto. I alr say this increased divorce rate will be a direct social issue of this policy. Ppl not thinking it through when they apply, then while they date, even if minor red flags or even if no red flags come up, they don't question their rs as it's "smooth sailing", and alr got bto, so natural progression must be to get married? Right? Then years later, realise this isn't what they want.

[@stewardsung1853]

It's a business proposition. The higher the profit gain after MOP will lead to higher divorce. Both divorcees will have another bite of the cherry. A study of this group of profiteers will give a better insight to the change of the policy for applying BTO.

[@kcchiew4247]

No direct related to bto. Malaysia dont hv bto, guess which countries(Malaysia or Singapore) hv higher rate of divorce?😅

[@sohhp79]

Lesson is be reasonable with expectation.

[@Msiaboleh57]

Marrying for sake of bto or condo will never last.

[@TLK281]

This conclusion is common sense. You do not need to say.

[@antihunter]

sounds more like a staged marriage for the sake of hitting the BTO jackpot. since its a 5 years relationship, its more like a transactional to get richer.

[@CyChong-vm2uf]

Why is there a need for two rates? male and female?

[@1m65]

I wonder also

[@lynnchua1890]

I think the government expected.. that’s why no need reason to divorce now

[@Ben-gp5ty]

Maybe they don't mind to divorce, just buy first and then sell to make profits

[@jennifer-oc6io]

If a couple marry young, how can they see their lives sf😢20 years

[@1m65]

Marrying young is not the problem, marrying for BTO is the problem.

[@wtan1851]

Don't use the term "serious research" to bias the conclusion. Just "academic research" is more neutral, and leave it to readers to judge. The rise in divorce rate is a trend, not BTO, i.e. work stress, income issues, etc. Those who buy resale flats are more stable in work and income.

[@88_JJW_88]

divorce still can get a 6 figures sum will be not a bad deal to consider

[@1m65]

Ha… agree

[@limliza992]

Do not take marriage as a deal. People who do that may not find the right partner. Time is also a factor to build a family, why waste it for just 6 figures money? Not worth it. Time is priceless. Invest time for the right partner and have a happy family.

[@lucianajasman7443]

Yes, I m blocking

[@pearlyung]

Off course, greed is part of human nature

[@hbianl5661]

I'm always disagree this thought! never follow this silly buying house to marry..

[@johnnytate69]

lol observation 2 is all about hypergamy

[@cheongenghoe]

Women from private property and men from HDB have highest divorce rate ........! Mr Loo, you still encouraging people to marry up .....?

[@1m65]

I am just stating what the findings says! 😅

[@J53179]

Not true ! Is ur mind set 😂

[@xinniho3853]

It seems that BTO causes divorces but it’s cos people are marrying early due to BTO, and it causes divorces. So does it mean that the argument is mainly on the point that early marriages (driven by BTO) causes divorce? If it is, there are still some points to consider or addressed (1) I’m pretty sure that many marry really early in our grandparent’s/parent’s generation - before 20s even. Are there higher divorce rates then? (Maybe divorce wasn’t easily accessible or huge stigma back then?) (2) To have divorce, you need marriages. They are limited by the adult population number. So if a large portion married early, (“increasing early marriages”) definitely smaller portion of late marriages. Won’t there be more divorce in this case? (3) with that, I agree that bto should not be the sole reason for a marriage between 2 person, or a reason to rush into marriage. I think we should turn away our focus on the statistics and focus more on the fundamentals of a good marriage (I.e compatibility, values and perspectives on life etc) instead, which I feel it is more meaningful than a bunch of numbers that may be flawed or triggering

[@xinniho3853]

Additionally, BTO policies are created with the intention to help young couples to obtain a house affordably given their profile, which I believe that itself has an assumption that the couple got together with right intentions. In no way government is championing unhealthy early marriages? I believe? It is up to us on how to use this properly (akin to credit cards, use properly you get the financial benefits, if not, be ridden with debts for your whole life)

[@1m65]

People should not be marrying because of BTO.

[@choonhockong8215]

🤣hope our 4G leaders learn from this wrong policy. Should look into the root cause of the declining local born population. Scrap the special scheme for the younger people to get a new bto.

[@lollipolli73]

👏👏👏

[@ricohflex777]

BTO policy is correct. So as not to over build excessively beyond actual housing demand. China is a good example of unregulated over-building leading to chaos. It is not the BTO that leads to divorce. It is the immature couples who are not even certain that the other person is the one they wish to marry. They rush into marriage, treating it like a casino gamble just to lodge a booking for a flat. But then again Divorce is actually a good thing. When couples realize they made a bad mistake. Divorce is simply pressing the Reset button. Preventing a lifetime of suffering.

[@Autonomous19kpsf]

Loo you should buy two instead of one😊 Divorce can buy 2 together can only have 1🎉🎉🎉🎉🎉🎉 quick one JB can buy 3