COE and Car Prices

Thread Rating:
  • 1 Vote(s) - 1 Average
  • 1
  • 2
  • 3
  • 4
  • 5
(21-12-2012, 08:00 AM)CityFarmer Wrote:
(21-12-2012, 12:45 AM)violinist Wrote: COE means only the rich can own cars, and since they are paying a hefty $80k on the piece of paper, might as well get a bigger or posher car. Hence all the expensive cars and gas guzzling SUVs, etc.

ERP, while I can agree that it controls congestion to some extend, a lot of it has got to do the design of the roads. As a lot of Yishuners who works in town say, "On the CTE, you queue up to pay money."

Hmm, it means the ERP in CTE is not expansive enough... Tongue

I knew people driving to work via CTE early in the morning to avoid ERP. Not too bad a habit and save money too.
Not all of the people who still wants to buy a new car is rich. Some are in sales. Some still think it is worth their money to spend in this way. Blame who?
Actually all the COE $$$ goes to the PAPYs and still want to increase Public Transport fares. Me always think this Papys takes a lot from the people and gives back very little. But why the 60%??? TongueTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
(21-12-2012, 12:12 PM)Temperament Wrote:
(21-12-2012, 08:00 AM)CityFarmer Wrote:
(21-12-2012, 12:45 AM)violinist Wrote: COE means only the rich can own cars, and since they are paying a hefty $80k on the piece of paper, might as well get a bigger or posher car. Hence all the expensive cars and gas guzzling SUVs, etc.

ERP, while I can agree that it controls congestion to some extend, a lot of it has got to do the design of the roads. As a lot of Yishuners who works in town say, "On the CTE, you queue up to pay money."

Hmm, it means the ERP in CTE is not expansive enough... Tongue

I knew people driving to work via CTE early in the morning to avoid ERP. Not too bad a habit and save money too.
Not all of the people who still wants to buy a new car is rich. Some are in sales. Some still think it is worth their money to spend in this way. Blame who?
Actually all the COE $$$ goes to the PAPYs and still want to increase Public Transport fares. Me always think this Papys takes a lot from the people and gives back very little. But why the 60%??? TongueTongue

Most people around me think like you. Very surprisingly though, these people only make up 40%. i thought they would make up like 70-80%.

My friend who recently came back from the US asked why is the MRT suddenly so crowded. i replied with a smile, "it is just like that"
Reply
(21-12-2012, 12:29 PM)safetyfirst Wrote:
(21-12-2012, 12:12 PM)Temperament Wrote:
(21-12-2012, 08:00 AM)CityFarmer Wrote:
(21-12-2012, 12:45 AM)violinist Wrote: COE means only the rich can own cars, and since they are paying a hefty $80k on the piece of paper, might as well get a bigger or posher car. Hence all the expensive cars and gas guzzling SUVs, etc.

ERP, while I can agree that it controls congestion to some extend, a lot of it has got to do the design of the roads. As a lot of Yishuners who works in town say, "On the CTE, you queue up to pay money."

Hmm, it means the ERP in CTE is not expansive enough... Tongue

I knew people driving to work via CTE early in the morning to avoid ERP. Not too bad a habit and save money too.
Not all of the people who still wants to buy a new car is rich. Some are in sales. Some still think it is worth their money to spend in this way. Blame who?
Actually all the COE $$$ goes to the PAPYs and still want to increase Public Transport fares. Me always think this Papys takes a lot from the people and gives back very little. But why the 60%??? TongueTongue

Most people around me think like you. Very surprisingly though, these people only make up 40%. i thought they would make up like 70-80%.

i replied with a smile, "it is just like that"
Quote:My friend who recently came back from the US asked why is the MRT suddenly so crowded?

Gravy my friend; collecting gravy from the FTs, my friends. Opps! i mean collecting Levy.

The next question your friend may ask if he stays in Sink apore a little bit longer is: Why MRT breaks down quite often?

Ans: Overloaded trains my friend. Overloaded with so much FTs. So much that sometimes i am not sure whether i am in my own country. TongueTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
In the past, I used to hate people who said that "ERP is not expensive enough, that's why still jam." I used to think these people are the rich, get-out-of-my-elite-uncaring-face type. Don't worry, CityFarmer, I don't hate you. In fact, I now support the idea, not because I have become an elite myself, but I think Singaporeans really have a HIGH TOLERANCE LEVEL to whatever injustice, inequality, stupidity or any other opposite terms in the Singapore Pledge. And they can tolerate this for an extended period of time, until really buay tahan then got AHTC. So nowadays I view incompetencies by you-know-who as "good moves". We need more of those, until the fundamental situation changes. Otherwise it doesn't explain the conundrum of 60.1%.
Reply
(21-12-2012, 02:29 PM)violinist Wrote: In the past, I used to hate people who said that "ERP is not expensive enough, that's why still jam." I used to think these people are the rich, get-out-of-my-elite-uncaring-face type. Don't worry, CityFarmer, I don't hate you. In fact, I now support the idea, not because I have become an elite myself, but I think Singaporeans really have a HIGH TOLERANCE LEVEL to whatever injustice, inequality, stupidity or any other opposite terms in the Singapore Pledge. And they can tolerate this for an extended period of time, until really buay tahan then got AHTC. So nowadays I view incompetencies by you-know-who as "good moves". We need more of those, until the fundamental situation changes. Otherwise it doesn't explain the conundrum of 60.1%.

I am glad i said it now, instead of in the past Tongue

IMO, no one own us a (luxury) life. Car ownership, congestion-free road, and perfect train/bus service (while keeping fare low) are luxuries in life.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
(21-12-2012, 02:50 PM)CityFarmer Wrote:
(21-12-2012, 02:29 PM)violinist Wrote: In the past, I used to hate people who said that "ERP is not expensive enough, that's why still jam." I used to think these people are the rich, get-out-of-my-elite-uncaring-face type. Don't worry, CityFarmer, I don't hate you. In fact, I now support the idea, not because I have become an elite myself, but I think Singaporeans really have a HIGH TOLERANCE LEVEL to whatever injustice, inequality, stupidity or any other opposite terms in the Singapore Pledge. And they can tolerate this for an extended period of time, until really buay tahan then got AHTC. So nowadays I view incompetencies by you-know-who as "good moves". We need more of those, until the fundamental situation changes. Otherwise it doesn't explain the conundrum of 60.1%.

I am glad i said it now, instead of in the past Tongue

IMO, no one own us a (luxury) life. Car ownership, congestion-free road, and perfect train/bus service (while keeping fare low) are luxuries in life.

On the other hand, no one(Papys) should be keep on taking from the people and giving back so little. If that's the case why do we need them?
You & i & Ah Mou also know how to do the same ma; what!? Big GrinTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
(21-12-2012, 05:11 PM)Temperament Wrote:
(21-12-2012, 02:50 PM)CityFarmer Wrote:
(21-12-2012, 02:29 PM)violinist Wrote: In the past, I used to hate people who said that "ERP is not expensive enough, that's why still jam." I used to think these people are the rich, get-out-of-my-elite-uncaring-face type. Don't worry, CityFarmer, I don't hate you. In fact, I now support the idea, not because I have become an elite myself, but I think Singaporeans really have a HIGH TOLERANCE LEVEL to whatever injustice, inequality, stupidity or any other opposite terms in the Singapore Pledge. And they can tolerate this for an extended period of time, until really buay tahan then got AHTC. So nowadays I view incompetencies by you-know-who as "good moves". We need more of those, until the fundamental situation changes. Otherwise it doesn't explain the conundrum of 60.1%.

I am glad i said it now, instead of in the past Tongue

IMO, no one own us a (luxury) life. Car ownership, congestion-free road, and perfect train/bus service (while keeping fare low) are luxuries in life.

On the other hand, no one(Papys) should be keep on taking from the people and giving back so little. If that's the case why do we need them?
You & i & Ah Mou also know how to do the same, what! Big GrinTongue

It is the short-sighted voters who have vested interests in current goverment policies that make up the strong percentage.
Who will be those who love more FTs coming in? Or more liquidity by FTs pumping in?
Plus of cos those "I scared I lose job if I dun vote for them" or "I will not be able to get my HDB if I dun vote for them" or "my children, husband, wife, fill-in-blank is working as civil servant, if dun vote for them how?"

End of day, the govt knows about 1/3 strongly love them, 1/3 neutral and scared NOT to vote for them, plus 1/3 die hard oppositions.
The trick is to sway the middle 1/3. Simple maths. Beside the GRCs is to their advantages, regardless whatever nonsense they blare about racial equality representation.

Even as we write, nobody even thinks that the PAP internet brigade is monitoring this forum? Gosh.. during last yr GE, so many one time posters came in to speak "neutrally" about unhappy ground sentiments back then and disappear now.

The recent "refusual to work" by PRC FTs drivers is just the tip of iceberg. If I can see these occurences coming years back, I sure hope elite higher mortals can see it too.

The politicial landscape of a nation has always been altered by the poor with the rich hoping to remain status quo.
If the middle class starts feeling segregated into poorer classes, good luck to the incumbent party.

Reply
(21-12-2012, 09:09 PM)arthur Wrote: ...
End of day, the govt knows about 1/3 strongly love them, 1/3 neutral and scared NOT to vote for them, plus 1/3 die hard oppositions.
The trick is to sway the middle 1/3. Simple maths. Beside the GRCs is to their advantages, regardless whatever nonsense they blare about racial equality representation.

wonderful analysis, so true!

There are indeed many people neutral and scared NOT to vote for them, usually applicable to those who rely on them for a job or living.

Those with a few properties in singapore tend to love them diehard. Many rich people that i know love them. Mentality is no stability = falling property prices.

Many of the die hard opposition just want to find someone to blame for anything that has gone wrong.
Reply
What are the purpose of COE, ERP from day one ?
Do they solve the traffic congestion problem ?
Reply
(22-12-2012, 10:40 AM)Stocker Wrote: What are the purpose of COE, ERP from day one ?
Do they solve the traffic congestion problem ?

Well, i do not know your definition of "solve".

I do know the Singapore traffic condition is one of the best among major cities in the region.

I do know driving into city around 8.30 am is pretty smooth, but once cross over to 9-930 am, the traffic slow down significantly.

Will it be worse if without COE and ERP? I do have an answer myself. It become less of a matter to me since i gave up driving. It matter only when i hire a taxi to town in the morning. Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Forum Jump:


Users browsing this thread: 11 Guest(s)