Sooner or later, car ownership will drop. COE has just started
to increase significantly, the effect will take another 1-2years to
see effect.
If a simple Hyundai Avante cost $100,000. See whether the cars
on road will still increase or not? Best is to increase parking
fine to $150, Season parking to $250per month. ERP one gantry is
$5. Petrol tax increase by another 50%. Car insurance increase by
another 100 percent. Road tax another 100percent.
I see you all tahan to drive anot? Only those really rich can
afford to drive. Most of the car owner I see is just those just can
make it only. Barely enough to save every month. You just need to
increase the monthy maintenance and they will all cannot make it.
Haha...
So obvious you sour grape lah. Can't afford a car right ?