10-05-2023, 05:12 PM
(10-05-2023, 05:00 PM)Blasterlord2 Wrote: This ah loo is not very smart. The COE price hike has got nothing to do with reducing traffic jams. Yes, we all agreed that there should have a cap to the number of cars on the road but that doesn't mean that the price of cars should go up unabated. His intelligence (or the lack of it) astounds me.
He is just saying the reduced supply leads to price of COE rising.
It is logical because of the bidding system.
If we take the limited supply of COE and give it to those who truly need a car e.g disabled in family ...it van be done for free so long as there is no bidding.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.