COEs Predicted To Reach S$200k by 2025! Poor Losers Take Public Transport!!

[frenchbriefs]

What a bloody joke. Gentle reminder how much a car costs overseas - Toyota Altis starting $30k to $42k wahahahaha

most thais would not dream of owning such a car,the only type of people with 1 million baht spare cash are foreigners and rich thai chinese businessmen.It is thanks to PAP that sinkies are rich enough to afford 100k cars.

 

[bigboss]

it's an excellent system to keep cars off the road. pap is the best!

It is an ingenious system to keep the rich owning cars and the ordinary wage earners taking public transport to generate more revenue for public transport operators.

So, this widening gap between the have and the have-nots will finally bring down the pappies.

 

[hofmann]

who the fuck is CLSA? nonsense article. COE prices will fall when pay per use ERP is introduced island wide.

 

[bigboss]

Take train better lah! Less stress! Cheaper!

Don't have to feel indebted!

Taking train is boh pian option; have to squeeze with foreigners like sardines; very stressful but since 70% sinkies wanted pappies to continue with their dumb policies, the other 30% just got to suffer for it.

 

[bigboss]

As population grows, gdp per capita decreases if the economy does not grow accordingly.

War between China and USA for control in South China Sea starting with invasion of Taiwan to strengthen external defence of mainland China will create havoc to the economy of sinkie land.

 

[bigboss]

who the fuck is CLSA? nonsense article. COE prices will fall when pay per use ERP is introduced island wide.

High COE + ERP road usage is still an option to the pappies. They always know how to squeeze sinkies like sugar cane for maximum juice until pulp is left.

 

[bigboss]

Can un vote in 2020

No use, lah. For each un-vote going to the oppo parties, pappies will bring in 10 foreign imported shits to dilute that one vote in GE2020. Pappies will continue to win until there is no room in the island for more imported shits or the imported shits go against pappies to take over Govt.

That imported ah neh standing as an independent in GE2015 is the first salvo fired.

 

[yellowarse]

People forget that COE prices are a function of supply and demand. The supply of COEs has actually gone up over the years, with more COEs released than cars scrapped every year, but demand has far outstripped supply. So COE prices have skyrocketed.

Where does the increased demand come from? The local native population is shrinking, with a fertility rate of about 1.2, so it's not locals adding significantly to the demand (though as incomes increase there will be locals who'll want to switch from public transport to car ownership). It's from foreigners and new immigrants! Our population has increased by 1 million in less than 10 years – every expat (Indian, ang mo, PRC) family I see in my private estate owns at least two cars. That's 2 cars less for native-born Sinkies for each new immigrant or expat family setting up home here. Do a survey of Chennai Business Park and find out how many car owners work there.

So can you imagine the pressure on COE prices with 6.9 million people? Esp when the govt is already targeting zero COE growth because of limited road and land space? The 70% voted for this, so they deserve it.

 

[GramStroker]

69.9% love high COE, $1mil better

 

[bigboss]

200k COE will costly to car owners but even more costly to the Government who may lose 2000k votes. They surely know this because they are not as stupid as CLSA.

Where the 2000K anti-pappies votes to come from? From foreigners unhappy about not owning cars? Not likely. Owning cars is not prime consideration of foreign imported shits. The tiongs will cycle, their favourite pastime, the ah nehs will walk, their favourite pastime to save bus fares. If pappies were to ban all cars on the road, local sinkies will die but these imported shits can still travel.

 

[GramStroker]

Where the 2000K anti-pappies votes to come from? From foreigners unhappy about not owning cars? Not likely. Owning cars is not prime consideration of foreign imported shits. The tiongs will cycle, their favourite pastime, the ah nehs will walk, their favourite pastime to save bus fares. If pappies were to ban all cars on the road, local sinkies will die but these imported shits can still travel.

Ah neh take MRT then can rubba rubba, or sleep when drunk.

 

[xebay11]

People forget that COE prices are a function of supply and demand. The supply of COEs has actually gone up over the years, with more COEs released than cars scrapped every year, but demand has far outstripped supply. So COE prices have skyrocketed.

Where does the increased demand come from? The local native population is shrinking, with a fertility rate of about 1.2, so it's not locals adding significantly to the demand (though as incomes increase there will be locals who'll want to switch from public transport to car ownership). It's from foreigners and new immigrants! Our population has increased by 1 million in less than 10 years – every expat (Indian, ang mo, PRC) family I see in my private estate owns at least two cars. That's 2 cars less for native-born Sinkies for each new immigrant or expat family setting up home here. Do a survey of Chennai Business Park and find out how many car owners work there.

So can you imagine the pressure on COE prices with 6.9 million people? Esp when the govt is already targeting zero COE growth because of limited road and land space? The 70% voted for this, so they deserve it.

That is why I suggested that premium be charged to foreigners and PR when they bid for COE.

 

[bigboss]

So can you imagine the pressure on COE prices with 6.9 million people? Esp when the govt is already targeting zero COE growth because of limited road and land space? The 70% voted for this, so they deserve it.

As LKY had said ...what is wrong with collecting more money? ... Higher COE is more revenue for pappies. More imported shits owning cars means more revenue to keep pappies paying super-duper salary to Ministers.

Imported shits will pay COE at whatever high price to own cars as they have no choice if they do not want to use public transport. Locals have to accept this artificial high COE price initially introduced to curb traffic congestion but now it is money spinner to the pappies.

So what if locals cannot afford to own cars? Sorry, hor, ownself check ownself to see why you cannot afford it when imported shits can.

 

[bigboss]

That is why I suggested that premium be charged to foreigners and PR when they bid for COE.

So, you want pappies to chase away foreigners and SPRs when they are more important to pappies than locals?
Pappies hope to turn them into imported shits to get their votes, and they know they won in GE2015 because of the votes from these imported shits.

 

[yellowarse]

That is why I suggested that premium be charged to foreigners and PR when they bid for COE.

That's a good idea but it will never be implemented because our govt sucks up to foreign MNCs. Charging a premium will lead to higher transport allowances for PRs and expats (middle management and higher), leading to increased cost of doing business here.

The key to solving the COE problem is: (1) reducing the influx of foreigners & pop target and (2) improving our public transport system.

With a 70% mandate, you can be sure the PAP will go ahead with its 6.9 million target. After all, high COE prices only affect the squeezed middle class folk and salespeople who need to drive, not the rich and elite.

 

[bigboss]

Ah neh take MRT then can rubba rubba, or sleep when drunk.

Every ah neh knows when he goes sotong hand in crowded MRT train or bus, he gets fine, and no jail when caught. No jail means no need go back kampong in India. So, he uses his sotong hand again and again and the dumb pappies and the judges see no balls.

 

[xebay11]

So, you want pappies to chase away foreigners and SPRs when they are more important to pappies than locals?
Pappies hope to turn them into imported shits to get their votes, and they know they won in GE2015 because of the votes from these imported shits.

And how does that benefit the people?

 

[GramStroker]

Amazing, until now still got people think that gov policy is to benefit the people.

 

[yellowarse]

And how does that benefit the people?

When was the PAP about benefitting the people? It's about chasing GDP growth so as to line their own pockets and those of their cronies running the GLCs and Temasek-linked companies. If they can't grow the GDP by increasing productivity, they'll just resort to importing more people (input growth) – bigger population, more consumption, more growth.

It was never about you, the man on the street.

 

[frenchbriefs]

Amazing, until now still got people think that gov policy is to benefit the people.

For you,with you.For singapore.