look news india
Everyone dreams of having their own house. Most of the houses in the country are bought through home loans. Now there is good news for those who want to buy a house.
The government is now giving a subsidy of Rs 70 lakh for buying a house. This scheme is especially for the youth, but one condition has to be fulfilled to avail its benefits. This situation has now become a problem for this country. In the greed of subsidy of Rs 70 lakh, the youth are fulfilling the conditions, but their social structure has deteriorated and cases of family breakdown are increasing rapidly. Now the government is also seeing the negative impact of this scheme on the society.
Talking about Singapore… while on the one hand increasing population becomes a headache for some countries like India, like Japan, Singapore is also worried about its decreasing population.
On one hand, the population of Singapore is decreasing and on the other hand, the number of elderly people is increasing and after a few years, this may affect the country's economy. Therefore, the government here started a special scheme to increase the population. Singapore is a very expensive city and buying a house here is a very expensive deal.
The government started the Build to Order scheme in 2001 with the intention of killing two birds with one stone. Under this scheme, only those who get married at the age of less than 35 years are given the benefit of this scheme. Now you must have understood what conditions the youth have to fulfill to get the subsidy.
The trend of marrying at a young age has increased
Since the announcement of this plan by the Singapore government, the trend of early marriage has increased significantly. Young people in Singapore are now getting married before the age of 30. Between the ages of 25 and 29, the number of women getting married rose to 60% and men to 44%, up from 45 and 30% in 2000.
Consequences-Divorce
There is a saying that greed always has bad consequences. Something similar has happened in this case as well. In the greed of Rs 70 lakh, young people are getting married at a young age but family is not their priority. Due to which divorce cases are increasing. Divorce rate among women increased from 4% to 7.2% and among men from 3.5% to 6.3%.
The Singapore government has laid down a condition under this scheme that the subsidized flat cannot be sold for 5 years after divorce. Due to this compulsion, the situation has now become such that even divorced couples are forced to live together so that they can get good money for the house. Apart from this, there is also a fixed time to re-claim the subsidy under the scheme, which has to be completed after divorce.