Rising COE prices affect everyone

[True Believer]

The Certificate of Entitlement (COE) is a crucial factor in determining the cost of owning a car in S'pore. It amuses me that many disgruntled S'poreans who cannot afford a car often declare that they wish to see COE premiums continuously increasing. They do not realise that when COE prices rise, there is a ripple effect on the whole economy, which affects everybody, and not merely car owners.

 

[bobby]

Only stupid daft Sinkies pay for the right to own a car for 10 years…