In a previous piece, I explored why Singaporeans seemed so averse to renting and it was really interesting to see the widely differing opinions on Facebook and Instagram. It was the clearest indication of the different age groups on these social media platforms. On Facebook, it was made plainly in no uncertain terms that renting is a waste of money in Singapore.
However, on Instagram, it was the complete opposite. Many resonated with it, and it seemed that the younger generation just had different priorities that the older generation just could not understand.
In 2020, Singapore’s Department of Statistics showed that the number of Singaporeans and permanent residents under the age of 35 who are either living alone or away from their parents rose from 33,400 in 1990 to 51,300. It appears to suggest a trend in young adults moving out. How and why are these young adults doing it?
For that, I spoke to two friends who had moved out, to find out how they did it.