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Opinion | When homes are small and costly, dreams of having a family shrink

Opinion | When homes are small and costly, dreams of having a family shrink

Across Asia’s densest cities, the milestones of adulthood are quietly shifting. Couples share kitchens with parents. Some wait years on public housing lists. Others secure a flat before thinking about a ring. In some cases, keys come before vows. Increasingly, love moves in step with property. Square footage, mortgage approvals and ballot results shape decisions that once felt spontaneous.

At first glance, falling fertility rates might look like a purely economic or demographic problem.

Singapore’s total fertility rate recently dropped to 0.87, the lowest on record. Across East Asia, from Tokyo to Seoul, similar patterns are emerging. Sky-high rents, tiny flats and relentless work schedules are delaying marriage and, for many, creating doubts over whether to have children at all.
But the story is about more than numbers. It’s about what couples can realistically offer the next generation. Housing does more than provide shelter; it shapes daily life. It decides whether a child has a room of their own, whether grandparents can live nearby to help, and whether parks or schools are even accessible. In cities where even modest flats consume decades of savings, the question isn’t just affordability, it’s whether the environment is right for raising a child.

Generational experience shapes these decisions as well. Many millennials and members of Gen Z grew up with parents stretched thin by work, long commutes and nights spent catching up instead of being simply present. For some, parenthood carries the quiet determination to do things differently: to prioritise attention, presence and time deliberately spent together. For others, those same childhood memories reinforce hesitation. Parenthood becomes a set of compromises that feels too heavy, a life-altering choice that carries costs many may not want to shoulder.

Urban life and independence complicate matters further.

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Hong Kong wants to boost its birth rate, but what would it take for people to have more babies?

Hong Kong wants to boost its birth rate, but what would it take for people to have more babies?

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