I remembered those days when cars entering CBD were charge for having no passengers. This system was a good system to revive now, that people are making use of cars as personal transport. The govt should stop flogging a dead horse already.

The point is elevating costs of car ownership does not deter people from driving cars more, even if underutilised. All the more they will drive, because only own it for 10 years!!! And knowing this mentality, they ERP you knowing you would still drive. Do you not see the scheme?

The COE and ERP is a lethal combination, yes, it is also the culprit for causing inflation in Sg, businesses pass the costs to consumers. I dont know about economics, but isnt raising public transport costs of an island indirectly raising housing prices too?

Singapore Singaporeans: Mean time, whether they collect tax revenue or not, is immaterial to the number of COE available. Thus they collected money for this damn paper, and told everyone that it will control the vehicle population as price increase. Which is a lie as it is not an auction but a reverse auction. No one ever pay the price they bid, accept the lowest successful bidder.

Sounds complicated isn't it? Good, as the system was meant to confuse than convince.



Contributors of ideas: Astronotus Oscellatus, Fredertron Sunscream FreTron, Chris Ho, Singapore Singaporeans.