Everyone seems to be pointing fingers at PHV fleets bidding and driving up COE prices... Well strangely except the acting minister in parliament...does he know something no one else knows??
@CheeEddie
6 ай бұрын
Why can't COE do it like buying a BTO - ballot system with a fix price like $10,000/ With the number of COE being fix by LTA.
@trentlim9964
7 ай бұрын
COE is DIRECT form of elitism at the purest form. The problem with COE is the chant : "that its a want not a need, so suck it up". Until this mindset is changed, problem will never be solved. Sometimes if a want is strong enough, it becomes a need. Solutions: 1) Restrict 1 car per household, not perfect it goes a long way. 2) Limit the amount of years someone can own a car (except taxi & commercial) maybe 20 years and it will be implemented retroactively. The goal is that we want to give people a chance to own a car without bankrupting. It's exactly like BTO basically.
@CheeEddie
6 ай бұрын
Look at the recent case how those money laundering people buying cars..
@CheeEddie
6 ай бұрын
The problem is bidding system, means the rich will always win
@CheeEddie
6 ай бұрын
Yes balloting you may not get your flat but at least there is a chance but with COE at $130,000/ or more, you have totally no chance at all...
@steventay5834
6 күн бұрын
Build more roads and allow more COE lah. Every one happy!! Or limit the COE to $10000 and non transferable.
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