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Singapore is doing it because the alternative would be to use much more of their tiny island for car-related infrastructure. The total cost of that infrastructu
by avar 10y ago
Singapore is doing it because the alternative would be to use much more of their tiny island for car-related infrastructure. The total cost of that infrastructure would be much higher than what the sum of the COE's[1] would cost.
Are you sure Singapore is artificially inflating the cost, or that where you live isn't artificially subsidizing the cost of car ownership?
1. https://en.wikipedia.org/wiki/Certificate_of_Entitlement#History https://en.wikipedia.org/wiki/Certificate_of_Entitlement#His...