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‘I’m not doing it because I’m not even sure if I have a job 3 months down the line’: Why some young Singaporeans are opting out of homeownership
['Mary Alavanza']
The Independent Singapore News
SINGAPORE: Homeownership has long been part of the Singaporean dream.
However, for some young Singaporeans, homeownership just seems less appealing—or simply less realistic.
According to Mr Wong, more young Singaporeans today also have parents who already own larger homes or multiple properties.
One Singaporean on r/singapore said: “I’m not doing it [homeownership] because I’m not even sure if I have a job 3 months down the line.
But my field is quite niche, and if I lose my job I’m not sure I can find another one and the same field with comparable compensation.